Question : Assertion: Controlling helps in identifying inefficiencies and improving resource allocation.
Reason: It ensures that resources are used optimally to achieve organizational objectives.
Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason correctly explains the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason correctly explains the assertion.
This assertion is true. Controlling involves monitoring and evaluating actual performance against planned objectives. In doing so, it helps identify inefficiencies, deviations from the planned course, and areas where resources may not be used optimally.
This reason is also true and correctly explains the assertion. One of the key objectives of controlling is to ensure that resources, including human and financial resources, are used optimally to achieve the organization's goals and objectives. Controlling helps in achieving this optimization by identifying and addressing issues that can lead to suboptimal resource allocation.