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Controlling
Write main standards to be used in various functional areas.
Standards Used in Various Functional Areas
|
Functional Areas i |
Standard-1 |
Standard-2 |
Standard-3 |
Standard-4 |
|
1. Production |
Quality |
Quantity |
Cost |
Individual Production |
|
2. Marketing |
Sales Volume |
Sales Expenses |
Target of Salespersons |
— |
|
3. Personnel Management |
Labour Relations |
Labour Turnover Rate |
Absenteeism Rate |
Dispute Rate |
|
4. Finance and Accounting |
Capital Expenditure |
Flow of Capital |
Liquidity |
— |
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Briefly explain the importance of Controlling.
Explain how controlling helps in ‘achieving better co-ordination’ and ‘better planning’.
‘Controlling is an indispensable function of management’. Do you agree? Give four reasons in support of your answer.
If planning is done carefully and accordingly other functions of management are going in the right direction, then there is no need of the controlling function of management. Do you agree with this statement? Give reasons in support of your answer.
How does controlling help in ‘achieving objectives’ and ‘improving employees morale’?
“Controlling is a pervasive function”. Explain.
Does control help in ‘judging the accuracy of standards’ and ‘improving motivation of the employees’? Explain.
Which function of management ensures that actual activities conform to planned activities?
Name the function which reviews the operations in a business unit.
Why is it said that “controlling is a continuous activity”?
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