Question:
How does controlling contribute to the organizational goals?
Answer:
Controlling plays a vital role in achieving organizational goals by:
- Monitoring progress: Controlling ensures that activities are progressing according to the plan. It allows managers to check if the goals are being met on time and within budget.
- Identifying deviations: Through comparison of actual performance with standards, controlling helps in identifying deviations and errors that could derail the organization's objectives.
- Taking corrective actions: Once deviations are identified, corrective actions are taken to bring performance back in line with expectations, ensuring that the organization's objectives are met.
- Improving efficiency: By ensuring that resources are used efficiently and effectively, controlling helps to minimize wastage and optimize performance, contributing to the overall success of the organization.
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