- Jyoti
Thanks
NCERT Solutions for Class 12 Business Studies Chapter 8 Controlling
NCERT Solutions for Class 12 Business Studies Chapter 8 Controlling
NCERT Solutions for Class 12 Business Studies Chapter 8 Controlling is designed and prepared by the best teachers across India. All the important topics are covered in the exercises and each answer comes with a detailed explanation to help students understand concepts better. These NCERT solutions play a crucial role in your preparation for all exams conducted by the CBSE, including the JEE.
NCERT TEXTBOOK QUESTIONS SOLVED
1. Explain the meaning of controlling.Ans.Controlling means ensuring that activities in an organisation are performed as per the plans. Controlling also ensures that an organisations resources are being used effectively and efficiently for the achievement of desired goals. Controlling is, thus a goal oriented function. Controlling is a very important managerial function. Because of controlling manager is able to compare actual performance with the planned performance. In order to control the activities at all levels manager needs to perform controlling function.
2. Planning is looking ahead and controlling is looking back comment.Ans. Planning and controlling are inseparable. Planning is the primary function of every organisation it is the thinking process, which means looking ahead or making plans that how desired goal is achieved in future thus it is called a formed looking function on the other hand controlling is a systematic function which measures the actual performance with the planned performance. It compared and analysed the whole process of an organisation and take correcting actions. Thus, it is a backward looking function but the statement “Planning is looking ahead and controlling is looking back” is partially correct because it should be understood that planning is glided by past experiences and the corrective action initiated by control function which aims to improve future performance. Thus, planning and controlling are both backward looking as well as a forward looking functions.
3. 'An effort to control everything may end up in controlling nothing'. Explain.Ans. It's a well known fact that "Jack of all master of none" when we start controlling everything it results in controlling nothing because it is not possible at one time to control various activities as this process may neither be economical nor easy. Control thus focus on KRAs (Key Result Areas). It means instead of controlling all activities, control where the critical points goes wrong and by which organisation suffers. Thus, KRAs are set as critical points and one should be aware that he has to control what.
4. Write a short note on budgetary control as a technique of managerial control.Ans. Budgetary control is a technique of managerial control in which all operations are planned and this will help us in knowing how much we have to spend in order to achieve the future result. It compared the actual result with budgetary standards. This comparison reveals the necessary actions to be taken so that the organisational objectives are accomplished. Budgeting offers the following advantages
(i) Budgeting focuses on specific and time bound targets.
(ii) Budgeting is a source of motivation to the employees they set the standards against which their performance will be appraised and thus, enables them to perform better.
(iii) Budgeting helps in optimum utilisation of resources by allocating them according to the requirements of different departments.
(iv) It helps the management in setting standards.
Ans. Management audit is a technique which helps in measuring the efficiency and effectiveness of management. It is a comprehensive and constructive review. Thus, we can say it is defined as the review of the functioning performance and to improve its efficiency in future period hence it serves as an effective technique of controlling following points are proving the same.
(i) It helps to locate present and potential deficiencies in the performance of management functions.
(ii) It helps to improve the control system of an organisation by continuously monitoring the performance of management.
(iii) It ensures updating of existing managerial policies and strategies in the light of environmental changes.
This results in efficient controlling of management
Ans. When company starts following a good control on operations, it leads to derive benefits which are
(i) Helps in achieving desired goals.
(ii) Judging accuracy of operations.
(iii) Making efficient and effective use of resources.
(iv) Improving employee morale.
(v) Ensuring proper flow of orders and the whole system is in discipline.
(vi) It facilitates the co-ordination and improve the performance of every individual.
Ans. Company relates its planning with control in this line of business by implementing effective control system as this will help in two aspects planning makes controlling effective and efficient whereas controlling improves future planning because it is like a postmortem of past activities to find out deviations from the standards and in order to ensure that its plans are actually implemented and targets are attained they will take the help from controlling process as it is a systematic process and it leads to following benefits
(i) Setting Up of Standards In this step, company set some targets against which the actual performance is measured.
(ii) Measuring of Performance In this step, company is able to measure the performance and evaluating that what is actually done by the employees.
(iii) Compare Performance After evaluating the actual result, company compares the actual performance with the planned one this helps in knowing that the desired goal is achieved or not.
(iv) Analysing Deviations This refers to the difference between actual and desired performance. It helps in knowing to the company that the deviation is positive or negative. It needs focus on which part rather than analysing whole.
(v) Taking Corrective Measures Final step is to know the type of deviation and trying to remove this deviation and in future it matches with the plans.
Ans. The company should follow these steps in a systematic manner
(i) Setting performance standards
(ii) Measurement of actual performance
(iii) Comparison of actual performance with standards
(iv) Analysing deviations
(v) Taking corrective actions
Ans. The company should follow the modern techniques to control the system
(i) ROI (Return on Investment)
It is a useful technique of controlling overall performance of a company. It indicates how effectively resources are being used, facilitates balanced use of capital employed, focuses on profits and relates them to capital invested.
(ii) Responsibility Accounting Under this technique, organisation is divided into centres which is responsible for overall growth of various departments. Responsibility centres in the organisation are
(a) Cost Centre Under this, one can check the production and operational cost.
(b) Revenue Centre Sales or marketing departments come under this, it is responsible for generating revenue.
(c) Profit Centre Profit = Revenue – Cost. It ensures the actual profit derived from the business.
(d) Investment Centre This centre ensures the optimum use of assets and it makes use of return on investment.
(iii) MIS (Management Information System)
It is a control technique which provides information and support for effective managerial decision making. It provide accurate information to the managers, helps in planning, controlling, provides cost effective information and many more.
Post your comments
Your mobile number will not be published.View Comments
- A.Nikhil Goud
Good wedsite nice
- Raj
Good website
- Mdiqbal Mdiqbal
Use full
- Bandapalli siva ganga Devi
Super solutions
- D BALAJI
Clear explanation
- M venkata bramha chowdhary
Results
- Dumpa snehith
Ncert to prepare for eamcet or eapcer
- Gauri
Sabse khrab
- Gauri
Sabse khrab
- Prajoal
Verry good app
- Preethi kumarK
I will very happy to sovle this mcqs
- PradeepGupta
Super
- Ashwani kumar
Nice
- Ashwani kumar
Nice
- Zyan safi
Nice
- Zyan safi
Nice
- Priyanshi
Thanks sir
- Naria
Nice
- ningu
good work sir
- hs
good
- prabhakar
How to download this
- Dharmen
How to download
- Anubhav
Math all chapter MCQ best
- NIL
GOOD
- Anjali
Ncert miscellaneous question pdf
- Manjeet manjhi
Super
- Karanveer Kaur
10 class workbook English answer
- P.Ashrafbaig
My results How to check my 10th results
- Asish Kumar sahu
Pls sir show my result my admit card is missing so I request you plz show my result
- Varsha
This app is so..good it makes is understand better as we had seen many app with only answer we will not understand the method what they have done.....
- Anupam
super
- Lavanya vishawas Sonavale
Nice
- Sudha
Super cute
- Matruprasad nath
plese give me the answer for above question
- Abhiram
8th class Telugu and maths social PDF text books
- Abhiram
8th class Telugu and maths social PDF text books
- Abhiram
8th class Telugu and maths social PDF text books
- Aman
Nice
- Patil yasvitah
S the practice question papers clasfrom foranothers districts
of Karnataka 10th MCQ pattern 2021 exam 40 marks
- Ajay
Basic questions
- Nikki
How to download this pdf
- Murali
How to get free download
- Murali
How to get free download
- Murali
How to get free download
- Kurmapu rohini
How to download
- Yashvanth
S PDF
- Bhoomi
Nice this content is very helpful ....thnx a lot ..and pls expand the question there is only 58 which is less for class 10
- Omkar
How to download
- tanya shukla
hello
thankyou so much
it really helped me in my exam...........
- Ranjith
Good
- R sudha
Good
- Urvi
Teacher
- Rohit
Nice
- HARSH RAJPUT DEVSARIYA ðŸ™ðŸ™ðŸ™ðŸ™
Thanku for giving All chapter MCQ thanku you very much
- Rakesh
I need 2019 10 Class Batch Results
- Daripalli ramu
Super
- Subash Gond
McQ question all chapter
- Vandna
What,where and how lesson 1 class 6 pdf
- Yuvraj yadav
Hi
- Manasa
Good
- Gundi.sonia
Hii
- Dhanam jay
Very nice
- Tanveer
Political Science question solution
- Trilok
I like
- Anshu poonia
Superb
- Ranjan Baruah
Thank sir
- MATHURAM
Need notes
- Yadnyesh ubhad
So nice answer
- Anusha chettri
Hello
- Anusha chettri
Hello
- Jasmita Naik
Thank you very much....
Sir we need more help from you....
From other subject also we need like this questions.. So please sir kindly help us through uploading questions from science...
Please sir
- Jasmita Naik
Thank you very much....
Sir we need more help from you....
From other subject also we need like this questions.. So please sir kindly help us through uploading questions from science...
Please sir
- Mohini
Kitne time se
- Rajudutta
Excellent and reliable apps
- SALMAN
I WANT 2019 ENGLISH CBSC CLASS 3RD COURSE BOOK SYLLABUS AND SOLUTIONS
- ULRICA
It
- Rishabh Kumar
Please give me
- Chandra shekar
Mandasa
- p.harshavardhan
Ok
- Charchit
Yes they are all question are main
- Muthalagu
10 A class
- Vadde madhu
Hallo
- Veeranna
1:1 2004
- Eslavath Kalyan
Komatipalli kesamudram
- Gumma pavan kalyan
Hall ticket
- Rajudutta
Excellent solutions and easy to learn.
- VAGEESHA
NICE JOB
- Syed sayeed saaqib
10 th class marks
- P.fairoz khan
My SSC result
- Gangavarapu Ashok Reddy
10 the class 2020 markas
- Kusi Mani kumaR
2008125010
- suhailhajam
plz kindly MCQ question s
- suhailhajam
plz kindly MCQ question s
- Koripalli. Bindu ramya
Inter results second year
- Faizan
Beautiful
- K. Umesh Chandra
Please release 10th results
- Surra naidu
S me result
- Lakpathi
Cbse resuls
- S.sravani
CBSE 10th class result
- Gundrathi Mohan
S me results
- Gundrathi Mohan
S me results
- suhailhajam
plz kindly MCQ question s
- chandar
chan
- suhailhajam
plz kindly MCQ question s
- Kaustab Roy
I want to explore everything
- Anup
Workbook unit 1 exercise solution
- Khushdeep Kaur
I want pdf of MCQ class 10th C.B.S.E
- Saddam
Kindly s me 10 maths mcq question answer
- SADDAM
SEND ME
- Bed prakash
Mera result
- palla sivaram
haiii
- Dany
NCERT Solutions Very Good I Like It
- laxman
good
- Bhanusam.manjula
Ssc 2007batch regular halltichet number
- Ramu
NCERT Solutions
- Kalamata gowriswari
Open 10th result 2019ap
- Nagra rayal
Yappudu 10th reselts
- Yanati nagarani
10th result
- NAGESWARA
How can see ssc ap 10th results
- m.kalyani
10th result
- Naveen
10th results
- Sri kesav
Please tell me the correct date of AP ssc results
- K. Sudhakar
Plz 10th result
- V pawan durga sriniva
Please 10th cbsc results
- V pawan durga sriniva
Please 10th cbsc results
- Charan
Result ssc
- Ayesha
At. What time did exam results will come?
- Vadithya suresh
Results
- VANKUDOTH pavan kalyan
Results
- C H VAISHAVI
Cbse result by name
- varunsai sanne
Xth results 2018
- varunsai sanne
Xth results 2018
- Yalagala Srihari
Exam results
- Alpesh Dhamale
Nice article my baby wait for exam result i hope this year pass percentage may be increase
- m. mohan rao
hi, s me cbse 10 class 2018 results
- akshaya
at what time resilts are going to today
- Velupala Ashwarya
My result
- Ramu
good information