Which of the following points fall under the importance of controlling called ‘Making efficient use of resources’?
(A) By exercising control, a manager seeks to reduce wastage and spoilage of resources.
(B) Each activity is performed in accordance with predetermined standards and norms.
(C) A good control system enables management to verify whether the standards set are accurate and objective.
(D) Resources are used in the most effective and efficient manner.
(E) Each department and employee is governed by predetermined standards which are well coordinated with one another.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (A), (B) and (D) only
(A) By exercising control, a manager seeks to reduce wastage and spoilage of resources. — Correct. Control aims to reduce wastage and spoilage of resources.
(B) Each activity is performed in accordance with predetermined standards and norms. — Correct. Doing each activity as per predetermined standards and norms is how control avoids waste.
(C) A good control system enables management to verify whether the standards set are accurate and objective. — Incorrect. Checking whether standards are accurate and objective is judging accuracy of standards.
(D) Resources are used in the most effective and efficient manner. — Correct. The result is that resources are used in the most effective and efficient manner.
(E) Each department and employee is governed by predetermined standards which are well coordinated with one another. — Incorrect. Coordinated standards for each department are part of facilitating coordination in action.
NCERT (2026-27 Edition): “(iii) 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. This ensures that resources are used in the most effective and efficient manner.” “(ii) Judging accuracy of standards: A good control system enables management to verify whether the standards set are accurate and objective. An efficient control system 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.” “(vi) Facilitating coordination in action: 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.” |