Question

XYZ Ltd is a manufacture of wall clock and the company is opting a good control system in order to achieve the targets on time. In context of this, give some of the advanatges of controlling

Answer 1

A good control system enables a manager to verify whether standards set are accurate or not.
Following are the advantages of controlling
(i) A good control system helps in improving the quality of the product which in result, increases the goodwill of the company.
(ii) It helps in minimising the wastage of resources.
(iii) It facilitates the fixation of responsibility and one known upto what level he/she has to perform.
(iv) It also facilitates the coordination and thus, work flows smoothly in the organisation and finishes in time