Importance of control can be enumerated by listing the following benefits of controlling: 1. Insurance Value of Control: The risk of nonconformity of the actual performance with intended goals is largely estimated by controlling. The basic function of control lies in regulating operations in such a way as to insure the achievement of predetermined objectives. […]
What are the Various Benefits of Organizational Controls?
Article shared by 
What are the Various Methods used in Organizational Controls?
Article shared by
Various Methods used in Organizational Controls are described below: 1. Policies: To ensure the preliminary level of control, policies, which provide guidelines for routine decisions, are considered more effective. Setting up of policies and implementation of policies are different. (more…)
What are the Tools and Techniques used in Organizations to Enforce Control?
Article shared by
Various tools and techniques are used in organizations to enforce control. Here, we have summarized some commonly used tools. Most commonly used control technique is control chart. A control chart covers following aspect of control functions: i. The concept and the use of control limits and control charts (more…)