Features of Controlling

1. Based on Planning:

Control is checking performance according to the standards set in the function of Planning.

2. Continuous process:

It is an ongoing, dynamic function that involves a continuous review of performance and not a one-time exercise.

3. Control is all pervasive:

Control is exercised at all levels of management and is done in every functional area and at each unit or department.

4. Action is the essence of control:

The very purpose of control is defeated if corrective action is not taken for improvement of performance or the revision of plans.

5. Control is forward looking:

Control measures current performance and helps in guiding for the corrective action which further helps in future performance as per plans making it forward looking.

Controlling – Notes

Controlling – Keywords and Brief Notes

MCQs to Revise Business Studies Class 12