Controlling

Controlling is the process of ------

• Evaluating the actual performance

• Evaluating the plans

• Evaluating the desired performance

• Evaluating the

  Standards

Controlling function finds out how far __________ deviates from standards.

• Actual performance

• Improvement

• Corrective actions

• Cost

Which of the following is not a limitation of controlling?

• Little control on external factors

• Difficulty in setting quantitative standards

• Costly affair

• Ensuring order & discipline

Planning is theoretical whereas controlling is practical

• False

• True

• Somewhat True

Remedial actions taken to prevent deviation in future is called

• Setting performance standards

• Measurement of actual performance

• Analyzing deviations

• Taking corrective actions

Process of Controlling

• 1. 1. Setting performance standards

  2. 2. Measurement of Actual performance

  3. 3. Comparing Actual performance with standards

  4. 4. Analysing deviation

• 1. 1. Setting performance standards

  2. 2. Measurement of Actual performance

  3. 3. Comparing Actual performance with standards

  4. 4. Analyzing deviation

  5. 5. Taking corrective action

• 1. 1. Setting performance standards

  2. 2. Comparing Actual performance with standards

  3. 3. Analysing deviation

  4. 4. Taking corrective action

Importance of Controlling

• 1. Accomplishing organizational goals

• 1. Ensuring order & discipline

• 1. Making efficient use of resources

• 1. Judging accuracy of standards

Relationship between Planning & Controlling

• 1. Planning provides base for controlling

• 1. Planning is looking ahead and controlling is looking back.

• A & B Both

Which of the following statements does not highlight the relationship between planning and controlling?

• Planning and controlling are separable twins of management.

• Planning without controlling is meaningless; controlling without planning is blind.

• Planning is prescriptive, controlling is evaluative.

• Planning and controlling are interrelated and interdependent.

Controlling function brings the management cycle back to the

• Organising function

• Directing function

• Planning function

• None of the above