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www.gyaniversity.com145MMPC001: Management Functions and Organisational Processesevents. Purpose: Highlights the necessity for control measures and corrective actions by managers to ensure alignment with organizational plans. Importance of Controlling Identifies Weaknesses and Errors: Allows for rectification and prevention of recurrence. Pinpoints Deviations: Critical for steering the organization back on the intended path. Stimulates Action Across Departments: Ensures cohesive and aligned activities towards organizational goals. Enables Decisive Decisions: Essential for maintaining control over organizational processes. WellDesigned Control System: Pivotal for achieving good results and making planning more effective and meaningful. Features of Controlling Cyclical Process: Forms the end part of the planning and organizing cycle. Ensures activities conform to the plan and prompts necessary adjustments. Continuous Process: Involves ongoing revision of standards and plans. Ensures no deviations between planned and actual performance. Forward Looking: Analysespast performances to plan for future improvements. Ensure mistakes are not repeated. Pervasive: Required at all levels of management. Scope and complexity may vary depending on the level. Positive Approach: Intended to support and enhance the ability to meet organizational goals. Helps in pinpointing deviations and improving performance. The Control Process Establishment of Standards: Standardsserve as benchmarks against which actual performance is measured: It can be tangible or intangible.Standards must be: Clear, Measurable, Attainable. Relevant to specific objectives of the organization. Measurement of Actual Performance: Actual performance is measured against the set standards: Measurement can be continuous. Utilizes various tools and techniques depending on the nature of the standard.Accuracy and Timeliness: Crucial for reliable comparison. Comparison of Actual Performance with Standards: Involves comparing actual performance data with established standards:Highlights deviations (differences between actual and expected results).Understanding deviations is critical for: Assessing performance and initiating corrective actions.