Class 12 Business Studies Controlling – Get here the Notes for Class 12 Business Studies Controlling. Candidates who are ambitious to qualify the Class 12 with good score can check this article for Notes. This is possible only when you have the best CBSE Class 12 Business Studies study material and a smart preparation plan. To assist you with that, we are here with notes. Hope these notes will helps you understand the important topics and remember the key points for exam point of view. Below we provided the Notes of Class 12 Business Studies for topic Controlling.
- Class: 12th
- Subject: Business Studies
- Topic: Controlling
- Resource: Notes
CBSE Notes Class 12 Business Studies Controlling
Candidates who are pursuing in Class 12 are advised to revise the notes from this post. With the help of Notes, candidates can plan their Strategy for particular weaker section of the subject and study hard. So, go ahead and check the Important Notes for Class 12 Business Studies Controlling.
1. Controlling It can be defined as comparison of actual performance with the planned performance.
According to Ricky W Griffin. “Controlling function leads to goal achievement. an organisation without effective control is not likely to reach its goals.”
2. Importance of Controlling
(i) Helps in achieving organisational goods
(ii) Judging accuracy of standards
(iii) Making efficient use of resources
(iv) Improving employee motivation
(v) Ensures order and discipline
(vi) Facilitate co-ordination in action
(vii) Controlling help in minimising the errors
3. Limitations of Controlling
(i) Difficulty in setting quantitative standards
(ii) No control on external factors
(iii) Resistance from employees
(iv) Costly affair
4. Relationship Between Planning and Controlling
(i) Planning interlinked and controlling activities. are interdependent and
(ii) Planning and controlling both are forward looking function.
5. Controlling Process
(i) Setting up of standards
(ii) Measuring of performance
(iii) Compare performance against standard
(iv) Analysing deviation
(a) Critical point control
(b) Management by exception
(v) Taking Corrective measure
6. Deviation It refers to difference between actual performance and standard performance.

7. Techniques of Managerial Control
There are two technique of managerial control
(i) Traditional techniques
(ii) Modern techniques
8. Traditional Techniques
(i) Personal observation
(ii) Statistical reports
(iii) Break-even analysis
(iv) Budgetary control
9. Modern Techniques
(i) Return on investment
(ii) Ratio Analysis
(a) Liquidity ratio
(b) Solvency ratio
(c) Profitability ratio
(d) Turnover ratio
(iii) Responsibility Accounting
(a) Cost or expenses centre
(b) Revenue centre
(c) Profit centre
(d) Investment centre
(iv) Management Audit
(v) Network Techniques (PERT and CPM)
Class 12 Key Points, Important Questions & Practice Papers
Hope these notes helped you in your schools exam preparation. Candidates can also check out the Key Points, Important Questions & Practice Papers for various Subjects for Class 12 in both Hindi and English language form the link below.
Class 12 NCERT Solutions
Candidates who are studying in Class 12 can also check Class 12 NCERT Solutions from here. This will help the candidates to know the solutions for all subjects covered in Class 12th. Candidates can click on the subject wise link to get the same. Class 12 Chapter-wise, detailed solutions to the questions of the NCERT textbooks are provided with the objective of helping students compare their answers with the sample answers.
Class 12 Mock Test / Practice
Mock test are the practice test or you can say the blue print of the main exam. Before appearing in the main examination, candidates must try mock test as it helps the students learn from their mistakes. With the help of Class 12 Mock Test / Practice, candidates can also get an idea about the pattern and marking scheme of that examination. For the sake of the candidates we are providing Class 12 Mock Test / Practice links below.
Class 12 Exemplar Questions
Exemplar Questions Class 12 is a very important resource for students preparing for the Examination. Here we have provided Exemplar Problems Solutions along with NCERT Exemplar Problems Class 12. Question from very important topics is covered by Exemplar Questions for Class 12.
Class 12 Business Studies Notes Maths Notes Economics Notes Sociology Notes