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Planning and controlling are interdependent and …

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Planning and controlling are interdependent and interlinked . How?

    • Posted by Balkishan Verma 5 years, 8 months ago

    CBSE > Class 12 > Business Studies
    • 1 answers

    Yogita Ingle 5 years, 8 months ago

    Planning and controlling are inseparable twins of management because:                                .
    (i) Planning provides the basis for controlling activities.
    (ii) Controlling ensures that planned goals are achieved efficiently and effectively. It measures
    the performance with the pre-determined standards and finds out the deviations, if any.
    (iii) The causes of deviations as remarked by controlling are the basis of effective future planning.
    (iv) Planning and controlling both are forward looking as well as backward looking.
    (v)Both are integral parts of an organisation and are necessary for the smooth functioning of an enterprise.

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    CBSE > Class 12 > Business Studies
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