Co-ordination and Controlling
Telangana Open School (TOSS) · Class 12 · Business Studies
Summary of Co-ordination and Controlling for Telangana Open School (TOSS) Class 12 Business Studies. Key concepts, important points, and chapter overview.
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Overview
In any business organisation, multiple departments and teams work together to achieve common goals. For smooth functioning, it is essential that all these units work in harmony. This is where the functions of co-ordination and controlling come into play. Co-ordination ensures that all departments wo
Key Concepts
Co
Co-ordination is the process of synchronising the activities of different departments and individuals in an organisation to achieve common goals. It e
Controlling means comparing actual performance
Controlling means comparing actual performance with planned standards and taking corrective actions if there are deviations. For instance, if workers
Control is based on planning
Control is based on planning, is a continuous process, applies to all levels and departments, requires action, and looks ahead to improve future perfo
The control process has five steps
The control process has five steps: (1) Setting standards, (2) Measuring actual performance, (3) Comparing performance with standards, (4) Finding rea
Learning Objectives
- Understand the meaning and importance of co-ordination in management
- Explain the role of controlling as a key management function
- Describe the steps involved in the controlling process
- Analyse the relationship between planning and controlling
- Recognise how co-ordination and controlling improve organisational efficiency
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