Controlling
What is controlling? Controlling in Management – Introduction Exercising control is a universal and important managerial challenge. As the organization grows in size, complexity of control grows as well. The term control involves regulation of activities, resources and behaviour. Policemen regulating the traffic, control rooms regulating the movement of vehicles, evaluation of students by conducting examination, inspection of men, money and materials, audit of books of accounts, recording check in and check out through swipe cards etc., represent control activities. As far as managerial control is concerned, the term control connotes measurement of accomplishment against the standard and correction of deviation to ensure attainment of objectives according to plans. It is a continuous process. Earlier managers thought that control function was needed only when something went wrong. But it is not so. It is concurrent and continuous though it is listed as the last function in the f...