Business Studies Notes Grade 12 Download In MyCBSEguide

Learners Book: module openers explaining themes unit openers highlighting key concepts outcomes achieved learning Outcomes and Assessment Standards for each activity icons, indicating group, paired or individual activities.

Business Studies Notes Grade 12 Download In MyCBSEguide

Download Now CBSE class 12 Business Studies Controlling class 12 Notes Business Studies in PDF are available for free download in myCBSEguide mobile app.

The best app for CBSE students now provides Controlling class 12 Notes Business Studies latest chapter wise notes for quick preparation of CBSE board exams and school based annual examinations.

Class 12 Business Studies notes on chapter 8 Controlling are also available for download in CBSE Guide website.

CBSE Guide Controlling class 12 Notes Business Studies CBSE guide notes are the comprehensive notes which covers the latest syllabus of CBSE and NCERT.

It includes all the topics given in NCERT class 12 Business Studies text book.

Users can download CBSE guide quick revision notes from myCBSEguide mobile app and my CBSE guide website.

Business Studies notes Chapter 8 Controlling Download CBSE class 12th revision notes for chapter 8 Controlling in PDF format for free.

Download revision notes for Controlling class 12 Notes and score high in exams.

These are the Controlling class 12 Notes Business Studies prepared by team of expert teachers.

The revision notes help you revise the whole chapter 8 in minutes.

Revision notes in exam days is one of the best tips recommended by teachers during exam days.

Download Revision Notes as PDF CBSE Class 12 Business Studies Revision Notes CHAPTER 8 Controlling class 12 Notes Business Studies Meaning Definition: Controlling involves comparison of actual performance with the planned performance.

If there is any difference or deviation, then finding the reasons for such difference and taking corrective measures or action to stop those reasons so that they dont re-occur in future and that organizational objectives are fulfilled efficiently.

Controlling helps in achieving organizational goals: The controlling function measures progress towards the organizational goals and brings to lightindicates corrective action.

For EvaluatingJudging accuracy of standards: A good control system enables management to verify whether the standards set are accurate or not by careful check on the changes taking place in the organizational environment.

Making efficient use of resources: By the process of control, a manager seeks to reduce wastage of resources.

Improves employees motivation: A good control system ensures that employees know well in advance what they are expected to do also the standard of performance.

It thus motivates helps them to give better performance.

Facilitating Coordination in action: In controlling each department and employee is governed by predetermined standards which are well coordinated with one another.

Control provides unity of direction.

Ensuring order and discipline: Controlling creates an atmosphere of order and discipline in the organization by keeping a close check on the activities of its employees.

Goal oriented: Controlling is directed towards accomplishment of organizational goals in the best possible manner.

Pervasive: Controlling is an essential function of every manager and exercised at all levels of management.

Continuous: It is not an activity to be pursued in the end only; it has to be done on a continous basis.

Controlling is looking back: Controlling involves measurement of actual performance and its comparison with the desired performance.

It is the process of checking and verification.

Controlling is forward looking: It is related to future because it seeks to improve future results on the basis of experience gained in the past.

Depends on planning: It pre supposes existence of planning because without planning no control is possible.

Action oriented: Control has no meaning if no corrective action is taken; So timely action should be taken to prevent deviations.

Primary Function of Management controlling is performed at all levels and in all types of organizations.

Brings back management cycle back to planning: Control should not be viewed as the last function.

Controlling involves Comparing actual performance with standards Finding out deviations Taking corrective action so that they dont repeat in future These are the guidelines when future planning is done.

Thus controlling not only completes one cycle of management process and also helps to improve planning in the next cycle.

Relationship between Planning and Controlling Planning and controlling are interrelated and in fact reinforce each other in the sense that- 1.

If the standards are not set in advance managers have nothing to control.

Planning is meaningless without controlling.

It discovers deviations and initiates corrective measures.

Effectiveness of planning can be measured with the help of controlling.

Planning is looking ahead and controlling is looking back: Planning is a future oriented function as it involves looking in advance and making policies for the maximum utilization of resources in future that is why it is considered as forward looking function.

In controlling we look back to the performance which is already achieved by the employees and compare it with plans.

If there are deviations in actual and standard performance or output then controlling functions makes sure that in future actual performance matches with the planned performances.

The two are supplementary function which support each other for successful execution of both the function.