Why is controlling considered a backward-looking function?
Controlling is backward-looking because it involves comparing actual performance with previously set standards. This comparison is based on past data and helps in identifying deviations that occurred in the earlier stages of the process, allowing management to take corrective actions accordingly.
NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:
Welcome to the NCERT Solutions for Class 12 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 2: Why is controlling considered a backward-looking function?....
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