Subject: Business Studies
Concept of control, importance of control, process of control, essential of effective control
Control in management means setting standards, measuring actual performance and taking corrective action. It is the process of comparing actual performance with standards, identifying and analyzing deviations and taking corrective actions to meet the set standards. Control keeps the subordinates under check and brings discipline among them.Learn More
Every organization must employ control systems. Control is a means for making sure actual performance is consistent with plans and organizational goals are achieved. Controls at every level focus on inputs, processes, and outputs. It is very important to have effective controls at each of the stages.Learn More
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