The correct answer is option 2- It facilitates more control on external factors.
It facilitates more control on external factors is not an importance of controlling as controlling has little control on external factors.
Generally an enterprise cannot control external factors such as government policies, technological changes, competition etc.
OTHER OPTIONS
- It facilitates coordination- Controlling provides direction to all activities and efforts for achieving organisational goals. Each department and employee is governed by predetermined standards which are well coordinated with one another. This ensures that overall organisational objectives are accomplished.
- It facilitates the accomplishment of organizational goals: The controlling function measures progress towards the organisational goals and brings to light the deviations, if any, and indicates corrective action. It, thus, guides the organisation and keeps it on the right track so that organisational goals might be achieved.
- It facilitates effective and 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. This ensures that resources are used in the most effective and efficient manner.
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