NCERT Solutions for Class 12 Business Studies Chapter-8

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Class 12 NCERT Solutions Business Studies - Controlling - Free PDF Download

Business Studies are studied worldwide. NCERT Solutions for Class 12 Business Studies provides students with a plethora of topics offered in a simplified manner. Class 12 Business Studies Chapter 8 NCERT Solutions is a great platform that provides key terminology, visual representations, and critical analysis. NCERT Solutions Business Studies Chapter 8 is the omnibus a student requires to ace their exams. Students can depend on NCERT Solutions for Class 12th Business Studies for concise summaries. The study material is guaranteed to transform your revision plans for exams.

NCERT Solutions for Class 12 Business Studies Chapter 8 Controlling part-1
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FAQ (Frequently Asked Questions)

Q1. What Does the Term ‘Controlling’ Mean?

Controlling is a key concept in learning the terminology of the subject of Business Studies. It is the act of ensuring all organizations perform their planned strategies without hindrance and in the given time constraints. It ensures that the use of resources (both natural and artificial) is done efficiently and effectively for the slated goals of the organization. It is a goal-oriented managerial function. The role of a controlling manager is to compare the actual performance with the planned performance statistics and understand the areas of improvement at all levels. 

Q2. Write a Short Note on the Budgetary Control Used as a Technique of Managerial Control.

Budgetary control is the application of preparing budgets for each activity and operation of the organization. It refers to the goals and objectives of an organization achieved in quantitative terms. The actual results are compared with the planned budgets. The work is assessed and deviations are noted. These are correlated and action plans are developed. The resource requirement of various departments is analyzed and met according to the standards set up by the organization. Therefore, it is used to streamline managerial control.

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