Tag Archives | Function

Top 4 Reasons why Employees Resist Control | Management

This article throws light upon the top four reasons why employees resist control in an organisation. The reasons are: 1. Over-Control 2. Inappropriate Focus 3. Rewards for Inefficiency 4. Accountability. Reason # 1. Over-Control: Occasionally, organisations go into excessiveness and make the mistake of over-control; they try to control too many things. This becomes especially problematic when the controls pertain [...]

By |2016-11-05T03:52:08+05:30November 5, 2016|Controlling|Comments Off on Top 4 Reasons why Employees Resist Control | Management

Exercising Control in an Organisation: 3 Benefits | Management

This article throws light upon the three key benefits of exercising control in an organisation. The benefits are: 1. Changing Circumstances 2. Compounding of Errors 3. Organisational Complexity. Benefit # 1. Changing Circumstances: In today's highly complex and turbulent environment, all busi­ness organisations must find ways of coping with change. If managers could set goals and achieve them in no [...]

By |2016-11-05T03:52:08+05:30November 5, 2016|Controlling|Comments Off on Exercising Control in an Organisation: 3 Benefits | Management

Budgetary Control: Definition, Objectives and Benefits

Definition of Budgetary Control: Welsch has defined budgetary control as "the use of budgets and budgeting reports throughout the period to coordinate, evaluate and control day-to-day operations in accordance with the goals specified by the budget." According to H.S. Wheldon, "By budgetary control, every items of actual cost is so controlled by vigilant supervision as to make it conform, as [...]

By |2016-06-22T16:18:01+05:30June 22, 2016|Functions|Comments Off on Budgetary Control: Definition, Objectives and Benefits
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