Jun 28th, 2015
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A. T. Still University
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Control is important because planning can be done, Employee can be motivated through leadership and an organizational structure can be created for achievement of goals but there is no assurance that activates is going as planned. Control helps managers to know whether organizational goal are being met and how if they're not being met then what reason of it is.

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Controlling It is a dynamic process , requiringdeliberate and purposeful action in orderto ensure compliance with the plans andpolicies previously developed Planning and controlling are closelyrelatedTypes of control Feed forward control Concurrent control Feed back controlRequirements of effective controlAccuracyTimelinessFlexibilityAcceptabilityIntegrationEconomic feasibilityCorrective actionProcess of control Establishing standards- Time standards/cost standards/ income standards/ marketshare standards/ quality /productivity/ROI/personal Measuring performanceeffort/effectiveness/adequacy/effeciency/processProcess of control Measuring devices- mechanizedmeasuring devices/ratio analyses/personal observation/ Comparing measured performance withstandards Taking corrective actionControl techniquesTraditional and modern control techniquesTraditional control techniquesBudgetaryNon Budgetary controls- personalobservation, statistical data, specialreports, internal audit, ratio analyses,Break even analyses, standard costing.modern control techniques ROI H R accounting- to find out IndividualsExpected Realizable Value. Management audit Responsibility accounting

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