Controlling is a function of management which involves monitoring and verifying of activities whether everything is being accomplished as planned, and, in conformity with the established principles and making progress towards the attainment of the ultimate goals of the organization. It ensures effectiveness and efficiency in the utilization of the firm’s quantitative and qualitative resources. As a manager, discuss to your team the 3 steps of control process and explain the characteristics/features of controlling as a function of management.
Controlling is a function of management which involves monitoring and verifying of activities whether everything is being accomplished as planned, and, in conformity with the established principles and making progress towards the attainment of the ultimate goals of the organization. It ensures effectiveness and efficiency in the utilization of the firm’s quantitative and qualitative resources. As a manager, discuss to your team the 3 steps of control process and explain the characteristics/features of controlling as a function of management.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Controlling is a function of management which involves monitoring and verifying of activities whether everything is being accomplished as planned, and, in conformity with the established principles and making progress towards the attainment of the ultimate goals of the organization. It ensures effectiveness and efficiency in the utilization of the firm’s quantitative and qualitative resources. As a manager, discuss to your team the 3 steps of control process and explain the characteristics/features of controlling as a function of management.
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