Q1 Discuss various types of controls? What do you think the basic requirement of good control
system? [10 Marks]
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Answer:
Controlling is one of the most basic functions of management. It involves several important steps that play a big role in effective management. In order to meet their targets according to plans, managers must have a good control system at disposal. This system requires certain basic elements for it to fulfil its functions.
Explanation:
There are Three basic types of control systems are available to executives: (1) output control, (2) behavioral control, and (3) clan control. Different organizations emphasize different types of control, but most organizations use a mix of all three types.
- Elements of a good Control System are- Feedback- Feedback is the backbone of all control systems. This feedback is nothing but the information that managers use to correct their organization’s actual performance.
- Control must be objective
- Prompt reporting of deviations
- Control should be forward-looking
- Flexible controls
- Hierarchical suitability
- Economical control
- Strategic control points
- Control must be simple to understand
- Control should focus on workers
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