This a MCQ (Multiple Choice Question) based practice test of Chapter 8...
An efficient controlling system helps in achieving all the aforementioned objectives. Controlling refers to the process of assessing the progress of the current tasks and activities and setting the work standards to achieve the goals of the organisation. An efficient control system helps in keeping a close watch on the progress of the work towards the accomplishment of the organisational goals and takes the required corrective actions. It helps in tracking the changes taking place in the organisation and the business environment and thereby, helps in judging the accuracy of the standards set. Along with this, controlling boosts employee morale by telling them in advance about what is expected from them and motivating them to work according to the set policies.
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This a MCQ (Multiple Choice Question) based practice test of Chapter 8...
An efficient control system helps to
An efficient control system plays a crucial role in the management of an organization. It helps in ensuring that the organization's objectives are achieved effectively and efficiently. There are several benefits of having an efficient control system in place, including judging the accuracy of standards, accomplishing organizational objectives, and boosting employee morale.
Judges accuracy of standards
One of the key functions of a control system is to evaluate and judge the accuracy of standards. Standards act as benchmarks against which the actual performance is measured. By comparing the actual performance with the set standards, an efficient control system helps in identifying any deviations or variations. This enables the management to take corrective actions and make necessary adjustments to bring the performance back on track.
Accomplishes organizational objectives
An efficient control system plays a vital role in ensuring that the organizational objectives are accomplished. It provides a mechanism to monitor the progress towards achieving these objectives. By regularly reviewing the performance, the management can identify any gaps or shortcomings and take appropriate actions to bridge those gaps. This helps in aligning the efforts of the employees and resources towards the desired goals and outcomes.
Boosts employee morale
A well-designed control system can also have a positive impact on employee morale. When employees are aware that their performance is being monitored and evaluated, it instills a sense of accountability and responsibility. It creates a performance-driven culture where employees strive to meet the set standards and achieve the desired outcomes. This can lead to increased motivation, job satisfaction, and overall improvement in employee morale.
Conclusion
In conclusion, an efficient control system is essential for the effective management of an organization. It helps in judging the accuracy of standards, accomplishing organizational objectives, and boosting employee morale. By providing a framework for monitoring and evaluating performance, a control system enables the management to take corrective actions and make necessary adjustments to ensure the success of the organization.
This a MCQ (Multiple Choice Question) based practice test of Chapter 8...
These are the features of controlling.
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