Explain any five points which highlight the importance of controlling function in management.

Explanation

Importance of Controlling
(i) Accomplishing Organisational Goals:
With the help of controlling, deviations are immediately detected and corrective action is taken. Therefore, the
difference between the expected results and the actual results is reduced to the minimum. In this way,
controlling is helpful in achieving the goals.

(ii) Judging Accuracy of Standards:Through strategic controlling,we can easily judge whether the standard or target set are accurate or not.An accurate control system revises standards from time to time to match them with environmental changes.

(iii) Making Efficient Use of Resources: Controlling makes it possible to use human and physical resources
efficiently. Under controlling, it is ensured that no employee deliberately delays his work performance. In the
same way, wastage in all the physical resources is checked.

...