Control, controlling and its objectives in the organization

Abstract

The aim of the paper is to define and compare definitions and objectives of the managerial control and controlling based on research of scientific and professional literature through the opinions of domestic and foreign authors. By studying several domestic and foreign sources, through analogy, analysis, synthesis and comparison, we were able to create an overview of the research areas and defined the basic areas of managerial function of control and controlling. Our finding is that managerial control and controlling is still an actual topic. It is the subject of research by many theorists who focus on defining of these terms. Control is often perceived only as a comparison of two states, ie as the difference between the plan and the reality, while controlling in addition to comparisons also understands controlling as the implementation of corrective actions, thus supporting planning and decision-making. In this paper we identify the opinions of various authors and emphasize the importance of these terms.