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Controlling
A textile company is diversifying and starting a steel manufacturing plant. State with reason the effect of diversification on the fixed capital requirements of the company.
If the firm choose to diversify from a textile company to a steel manufacturing plant, its fixed capital requirement increase because the investment in fixed capital of a steel manufacturing company is higher than that of a textile company.
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Explain the meaning of controlling.
What is meant by ‘Controlling’? State any five points highlighting the importance of controlling.
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?
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