मराठी

'The final step in the controlling process is taking corrective action, but when deviations are within acceptable limits no corrective action is required.' When and why corrective action is required? - Business Studies

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प्रश्न

'The final step in the controlling process is taking corrective action, but when deviations are within acceptable limits no corrective action is required.'

When and why corrective action is required? State.

टीपा लिहा

उत्तर

The process of controlling is completed by taking corrective action. When the deviations fall within allowable bounds, no corrective action is necessary.

  1. When: However, when deviations exceed the acceptable range, especially in critical areas, immediate managerial attention is required to ensure that deviations do not occur again and standards are met.
  2. Why: A corrective action plan outlines what is required to solve a problem and assists a company in meeting its objectives.
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2021-2022 (April) Term 2 - Delhi Set 1

व्हिडिओ ट्यूटोरियलVIEW ALL [3]

संबंधित प्रश्‍न

Define ‘Organising’ as a function of management.


Alliance Ltd. is engaged in manufacturing plastic buckets. The objective of the company is to manufacture 100 buckets a day. To achieve this, the efforts of all departments are coordinated
and the interlinked and authority-responsibility relationship is established among various job positions.

There is clarity on who is to report to whom

Name the function of management discussed above.


List any two indicators of growth of an organisation . 


Select the proper option from the options given below and rewrite the complete sentence :
Division of work is involved in at ________function.


Select the proper option from the options given below and rewrite the complete sentence :
Physical, financial and human resources to develop productive relationship is a ________ function


Write a word or a phrase or a term which can substitute the following :
The function of management, which identifies and divides the work of the organization.


Write a word or a phrase or a term which can substitute the following :
A function where right people are given right jobs.


Write Short Note on the following:
Nature of Controlling.


Write Short Note on the following:
Importance of Planning.


Answer the following Question:
What do you mean by Controlling and explain its nature?


State with reasons whether the following statement is TRUE or FALSE.

Co-ordination is the essence of management.


State with reasons whether the following statement ias TRUE or FALSE :

organising is the process of defining and grouping the activities of the organization


State with reasons whether the following statement  TRUE or FALSE:

Directing function is not directly related with human factor


State Whether the Following Statement Is True Or False (Give Reason).

The direction is always performance-oriented.


State Whether the Following Statement Is True Or False (Give Reason).

Adopting corrective measures is the last step of controlling.

 
 

Which is not a separate function of management out of the following?


A good manager synchronises all the activities of different departments through the process ______.


“A manager in a conscious manner has to ensure that even where members of a department willingly cooperate, coordination gives direction to the willing spirit.” The characteristic of coordination being highlighted above is ______.


IND Dyechem Ltd. is a chemical manufacturing company producing dyes and pigments both for domestic and international market. It has enjoyed a considerable market share but lately, it has been facing problems in terms of target sales and customer satisfaction. This is due to the reason that new entrants have emerged with better technology and competitive pricing. The Chairman of the company addressed this issue in the departmental meeting. The production head, Mr. Kamble, advised the Chairman to revamp the system and take immediate necessary actions to rectify the problem so that sales are achieved as per the plans.

Identify the relevant function of management being discussed here.


The diagram below shows that ______ is inherent in all the functions of management.


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