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प्रश्न
'A.S. Ltd' is a large company engaged in the assembly of air-conditioners. Recently the company had conducted the Time' and 'Motion' study and concluded that on an average a worker can assemble ten air-conditioners in a day. The target volume of the company in a day is assembling of 1,000 units of air-conditioners. The company is providing attractive allowances to reduce labour turnover and absenteeism. All the workers are happy. Even then the assembly of air-conditioners per day is 800 units only. To find out the reason the company compared the actual performance of each worker and observed through C.C.T.V. that some of the workers were busy in gossiping.
1) Identify the function of management discussed above.
2) State those steps in the process of the function identified which are discussed in the above paragraph.
उत्तर
1) Controlling has been discussed in the given scenario.
2) Steps in the controlling process
- Setting Standards: The first step is setting standards against which the actual
performance is evaluated. The standards can be in both qualitative terms (such as improved coordination, higher goodwill) and quantitative terms (such as sales targets, production targets). It must be kept in mind that the set standards should facilitate easy comparison. - Measuring Actual Performance: The next step in the controlling process is to measure the performance of various activities. For this, various techniques can be used such as personal observation and performance reports. This measurement should be exact and reliable such that it facilitates easy comparison with the set standards. Moreover, the measurement of performance can be at various stages in the activity or at the completion of the activity
- Comparing Performance: After the actual performance is measured, it is then compared with the pre-defined standards. This helps in assessing whether there are any deviations/deficiencies in performance. Accordingly, it helps in identifying the required corrective actions to be taken
- Analysing Deviation: With the comparison of the actual performance with the set standards, deviations in performance are identified.
- Corrective Measures: In case deviations are beyond the acceptable range, it becomes necessary to take corrective action. It must be ensured that deviations do not occur again
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संबंधित प्रश्न
State the role of 'Speed Boss' in functional foremanship.
Give any two standards that can be used by a company to evaluate the performance of its Finance & Accounting department.
Which term is used to indicate the difference between standard performance and actual performance?
'An effort to control everything may end up in controlling nothing'. Explain.
“Measurement of a company’s progress may involve calculation of certain ratios like gross profit ratio, net profit ratio, and return on investment etc. at periodic intervals”. Identify the function of management involved in the above context. Also briefly explain the step in the process of the identified function discussed above.
Controlling function of an organisation is
Which of the following are the features of Controlling?
Assertion (A): Controlling ensures that resources are used in the most effective and efficient manner.
Reason (R): In controlling, each activity is performed in accordance with predetermined standards and norms.
Assertion (A): A small enterprise cannot afford to install an expensive control system.
Reason (R): Control system loses some of its effectiveness when standards cannot be defined in quantitative terms.
Controlling means ensuring that activities in an organisation are performed as per the ______.
Name the function of management which helps in the formulation of future plans, in the light of the problems that were identified and thus, helps in better planning in the future period.
An effort to control everything may end up in controlling nothing is related to:
Match the FUNCTIONAL AREA in Column I with their respective STANDARDS set to gauge performance in Column II, as a part of the controlling function.
Column I | Column II | |
(i) | Marketing | Flow of capital |
(ii) | Production | Sales-person's performance |
(iii) | Human Resource Management | Labour turnover |
(iv) | Finance and Accounting | Quantity |
Raman and Vasudev were two employees who were embezzling an import-export company in Varanasi where they were working. The finance manager of the company Sampat Singh became suspicious of the two employees when he realized that their activities were not being performed as per the plans. He installed a software program that could secretly log every single stroke of the suspects’ computer keys and send an encrypted email report to the Cyber police. The police were able to catch the two dishonest employees red handed and arrest them. Identify the function of management being discussed above.
One of the functions of management completes one cycle of the management process and improves planning in the next cycle in light of the problems that were identified in the existing plans.
Identify and state the function of management discussed above.
Whether the decisions have been translated into desired actions or not' can be confirmed by performing which of the following functions of management?