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Yogita Ingle 7 years ago
If the tax on dividends is higher, it is better to pay less by way of dividends. But if the tax rates are lower, higher dividends may be declared. This is because as per the current taxation policy, a dividend distribution tax is levied on companies. However, shareholders prefer higher dividends, as dividends are tax free in the hands of shareholders.
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Yogita Ingle 7 years, 1 month ago
According to Fayol, employee turnover should be minimized to maintain organisational efficiency. Therefore, suppose an individual gets selected for a post, then he should be given appropriate time to prove his-abilities.
We can say, he should be kept at the post for a minimum fixed tenure. This ensures stability and thus, he can get proper time to explore his skills.
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Gaurav Seth 7 years, 1 month ago
Importance of Controlling
1. Controlling helps in achieving organizational goals: The controlling function measures progress towards the organizational goals and brings to light/indicates corrective action.
2. For Evaluating/Judging accuracy of standards: A good control system enables management to verify whether the standards set are accurate or not by careful check on the changes taking place in the organizational environment.
3. Making efficient use of resources: By the process of control, a manager seeks to reduce wastage of resources.
4. Improves employees motivation: A good control system ensures that employees know well in advance what they are expected to do & also the standard of performance. It thus motivates & helps them to give better performance.
5. Facilitating Coordination in action: In controlling each department and employee is governed by predetermined standards which are well coordinated with one another. Control provides unity of direction.
6. Ensuring order and discipline: Controlling creates an atmosphere of order and discipline in the organization by keeping a close check on the activities of its employees.
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Shagun Vishwakarma 7 years ago
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