How is controlling a costly affair?
Dear student,
Under the controlling function the managers evaluate and assess the progress of the work that is being done. Controlling is a rigorous process wherein the managers compare the actual performance with the pre-defined standards. Moreover, it also involves taking the required corrective action.
All this involves cost in terms of time, effort as well as money. In this way, controlling is a costly affair.
Under the controlling function the managers evaluate and assess the progress of the work that is being done. Controlling is a rigorous process wherein the managers compare the actual performance with the pre-defined standards. Moreover, it also involves taking the required corrective action.
All this involves cost in terms of time, effort as well as money. In this way, controlling is a costly affair.