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Controlling

Question
CBSEENBS12004576
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‘i-phone India Ltd.’ is a manufacturer of advanced category of mobile phones. The company trained its engineers from Japan. It markets its mobile phones domestically as well as internationally. The company had a substantial market share and had a loyal customer following because of quality of its i-phone. From the last financial year the company had been unable to achieve its targets because of competition in the market.
The company is planning to revamp its controlling system.
(i) Identify the concepts of management involved in the above para.
(ii) State the steps of the revamped controlling process to be followed by the company to solve this problem.
(iii) Also, state any one value which the company wants to communicate to the society.

Solution

(i) The concepts involved here are staffing and controlling.
(ii) Steps required to revamp controlling process are:
(a) Finding the deviations and extend of deviations by comparing actual output with the standards.
(b) Taking corrective measure.
(iii) The company wants to communicate to the society the value of providing good quality products.

Some More Questions From Controlling Chapter

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’?

“Controlling is forward looking”. Explain.

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