“CUET Business Studies Notes by Artham Resources: Chapter 8 – Controlling. Explores the process of monitoring, evaluating, and regulating organizational activities to ensure goal attainment and performance improvement.”
Content of Chapter 8 – Controlling:
- Introduction to Controlling in Business Management
- Importance and Objectives of Controlling
- Steps in the Controlling Process: Setting Standards, Measuring Performance, Comparing Actual vs. Standards, and Taking Corrective Action
- Techniques and Tools of Controlling: Budgetary Control, Break-even Analysis, and Variance Analysis
- Types of Controls: Feedforward, Concurrent, and Feedback Controls
- Challenges and Limitations of Controlling
- Role of Information Technology in Controlling Processes
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