Anil Kapoor is a cloth merchant in Karol Bagh. His grandsons
are requesting him to let them diversify the business into bridal wear.
He agreed but on the condition that they will follow the function of
management he has always followed, which helps an organisation
in keeping track of the progress of activities and ensures that
the activities conform to the standards set in advance so that the
organisational goals are achieved.
Name the function of management which Anil Kapoor is asking
his grandsons to follow. Also give reasons why it is considered an
indispensable function of management.
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