Business Studies, asked by PragyaTbia, 1 year ago

Define Control and give its importance.

Answers

Answered by aqibkincsem
0

"Control is a corrective measure. What this implies is that control comes into play once all other processes and functions of management have been performed however it is observed that the performance is not matching the anticipated outcome.

In this process the actual performance and the benchmark or the hypothetical performance are compared with the intention to draw out shortcomings and flaws in the process.

It is important as;

1. It helps in improving the process and rectifying the mistakes

2. It helps in assessing the standards of the organization and comparing in terms of the industry norms"

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