English

State the Meaning of Controlling. - Business Studies

Advertisements
Advertisements

Question

State the meaning of controlling.

Answer in Brief

Solution

● Controlling is an important managerial function it refers to taking necessary measures for preventing the actions to ensure the achievement of the organisation towards its organizational goals.

● It is a comparison of the actual performance with the plant performance.

● If there is a gap between the two performances then corrective measures must be taken to ensure that there is a match between the actual performance and the planned performance in the future.

● The manager must exercise effective control over the activities of the subordinates to see the planned results.

● Controlling also means ensuring that the resources are being used effectively and efficiently for the achievement of the goals. It is a goal-achieving measure.

● It is a pervasive function that exists at all the levels- top, middle and lower.

● It is not the last function of management. It brings back the management cycle to the planning function.

shaalaa.com
  Is there an error in this question or solution?
Chapter 8: Controlling - Very Short Answer [Page 225]

APPEARS IN

Video TutorialsVIEW ALL [1]

RELATED QUESTIONS

State the role of 'Speed Boss' in functional foremanship.


Hina Sweets is a renowned name for quality sweets since 1935. Harsh the owner of Hina Sweets was worried as the sales had declined during the last three months. When he enquired from the Sales Manager, the Sales Manager reported that there were some complaints about the quality of sweets. Therefore Harsh ordered for sample checking of sweets.

Identify the step taken by Harsh that is related to one of the functions of management.


With the help of a diagram explain 'Functional Foremanship' as a technique of scientific management.


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.


An effort to control everything may end up in controlling nothing is related to:


Controlling involves:


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

Read the following text and answer the following question on the basis of the same: 

A critical point control (CPC) approach is followed by McDonald in the cooking and handling process so that any food safety threat can be prevented, eliminated, or reduced to an acceptable level. Hence, continuous monitoring of activities are undertaken to ensure that the process is right at each critical point control. The main principle followed for cooking at McDonald is "less amount many time" which can ensure the high quality and high fresh level of the food. For instance, if four hamburgers have to be made, a worker cannot cook all the four hamburgers at one time. The time figured out for making hamburger is one hundred and forty-five seconds. moreover, nearly all foods in the McDonald have the specific holding time for hamburgers is ten minutes and for french fries is seven minutes. If it is not sold within that time it is thrown away. Also, the temperature of the milk sent by the supplier must be under 4°C, otherwise it will be returned.

Which of the following statements is true with respect to critical point control?


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?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×