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Relationship between planning and controlling ??

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Relationship between planning and controlling ??

Posted by Nehal Jeloka 4 years, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

Gaurav Seth 4 years, 7 months ago

(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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