ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -co-ordinate-making sure all departments work together to achieve the end goal or objective. control-checking the effectiveness and efficiency of the proposed plan. delegate-entrusting a task or responsibility to another member of staff. motivate-encouraging staff to give their best.

Detailed explanation-2: -Control is a function of management which helps to check errors in order to take corrective actions. This is done to minimize deviation from standards and ensure that the stated goals of the organization are achieved in a desired manner.

Detailed explanation-3: -Answer: The control function evaluates whether an organization’s plans were implemented effectively and often leads to recommendations for the future. Many organizations compare actual results with the initial plan (or budget) to evaluate performance of employees, departments, or the entire organization.

Detailed explanation-4: -Step 1: Identify and define the problem. State the problem as clearly as possible. Step 2: Generate possible solutions. Step 3: Evaluate alternatives. Step 4: Decide on a solution. Step 5: Implement the solution. Step 6: Evaluate the outcome.