The correct answer is: B. Control techniques help in planning for profit.
Control techniques are used to ensure that an organization is on track to achieve its goals. They can be used to identify areas where there are problems, so that corrective action can be taken. Control techniques can also be used to measure progress and to make sure that resources are being used effectively.
Planning for profit is an important part of any business. It involves setting goals for revenue and expenses, and then developing strategies to achieve those goals. Control techniques can be used to help businesses plan for profit by providing information about how well they are performing against their goals. This information can then be used to make adjustments to the plan as needed.
The other options are incorrect because they do not describe the purpose of control techniques. Option A is incorrect because control techniques are not used to conduct shareholder’s meetings. Option C is incorrect because control techniques are not used to identify appropriate technology. Option D is incorrect because control techniques are not used to select plant location.