question_answer 16)

Paragraph A company M limited is manufacturing mobile phones both for domestic Indian market as well as for export. It had enjoyed a substantial market share and also had a loyal customer following. But lately it has been experiencing problems because its targets have not been met with regard to sales and customer satisfaction. Also mobile market in India has grown tremendously and new players have come with better technology and pricing. This is causing problems for the company. It is planning to revamp its controlling system and take other steps necessary to rectify the problems it is facing.   Identify the benefits the company will define from a good control system.

Answer:

When company starts following a good control on operations, If leads to derive benefits which are (i) Helps in achieving desired goals. (ii) Judging accuracy of operations. (iii) Making efficient and effective use of resources. (iv) Improving employee morale. (v) Ensuring proper flow of orders and the whole system is in discipline (vi) It facilitates the co-ordination and improve the performance of every individual.