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Controlling
What are the main basis of setting standards?
There are chiefly four basis for setting standards: (i) Quantity, (ii) Quality, (iii) Time, and (iv) Cost.
Quantity Standards are related to production, sales, stock, etc. Quality Standards are related to raw material finished goods, customers’ service and employees’ morale. Time Standards refer to the time consumed in the production of goods. Similarly, Cost Standards refer to labour, material and other expenses.
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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”?
Discuss the relationship between planning and controlling.
Or
‘Planning and controlling are mutually interrelated and interdependent activities’. How?
Or
“There is a close and reciprocal relationship between planning and controlling”. Explain this statement through an example.
There are two managers of a company — Rahul and Rohit. Rahul is saying that ‘Planning is looking ahead whereas controlling is looking back.’ On the other hand, according to Rohit, ‘planning is looking back whereas controlling is looking ahead.’ Who is correct and why?
How can you say that ‘controlling is not necessarily looking back, it is looking forward also’?
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