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Business Studies · 2023 · 3 marks
CBSE 2023 · Region 1 · Set 1 · Q24
(a) Explain the following as points of importance of ontrolling function of management: (i) Judging accuracy of standards (ii) Making efficient use…
(a)
Explain the following as points of importance of ontrolling
function of management :
(i)
Judging accuracy of standards
(ii)
Making efficient use of resources
OR
(b)
Explain the relationship between lanning and ontrolling with
the help of any three points.
Marking-scheme solution
• (a) (i) Judging accuracy of standards:
A good control system enables management to verify
• whether the standards set are accurate and objective.
It keeps a careful check on the changes taking place
in the organisation and in the environment and helps
to review and revise the standards in light of such
changes.
• (ii) Making efficient use of resources:
By exercising control, a manager seeks to reduce
• wastage and spoilage of resources.
Each activity is performed in accordance with
predetermined standards and norms.
OR
Q. (b) Explain the relationship between ‘Planning’ and
‘Controlling’ with the help of any three points.
(b)
Relationship between planning and controlling
(i)
Controlling takes place on the basis of standards
developed by planning.
(ii)
Planning without controlling is meaningless as
controlling ensures that the events conform to
plans.
(iii)
Planning prescribes an appropriate course of
action for achieving objectives whereas
controlling evaluates whether decisions have
been translated into desired actions.
(iv)
Planning and controlling are both forward
looking as well as looking back.
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CBSE Class 12 Business Studies past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.