Management Function - Controlling
Quiz by Muhammad Salman Sahak
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- Q 1/10Score 0Which of the following statements is correct to describe the importance of controlling?29It provides information and feedback to empower the employees.It enable the organization to determine whether the goals are achieve or not.It helps to protect the organization and its assets.All of the statements.
10 questions
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- Q1Which of the following statements is correct to describe the importance of controlling?It provides information and feedback to empower the employees.It enable the organization to determine whether the goals are achieve or not.It helps to protect the organization and its assets.All of the statements.60s
- Q2The following statements are the steps in the process of controlling, excepts:-Take corrective action to ensure objectives, goals and standards can be achieved.Allocate the weightage for every decision criteria for the identified discrepancy.Measure the actual performance based on predetermined objectives, goals and standards.Compare the actual performance and analyse the variation between actual performance and the objectives, goals and standards.60s
- Q3Which of the following statements is the best to describe the meaning of deviation in the context of controlling function?Deviation is a difference from what is usual or expected.Deviation is the process to determine the variation of actual performance against the predetermined objectives, goals and standards.Deviation is the difference between a particular number and the average or normal number.Deviation is the action of doing something that is different from the usual or common way of behaving.60s
- Q4Planning and Controlling are two separate functions of management, yet they are inter-related. Without the planning, controlling activities become baseless and without the controlling, planning exercise become meaningless. These statements are?TrueFalse45s
- Q5Which of these elements are the key areas for balanced scorecard approach?Financial and customer.Internal business process.All of the statements.Learning and growth.30s
- Q6An example of an effective standard for a control system would be:improving the quality of productionplanning to increase sales of product for next yearrenting new premisesdeciding to hire 5 new employees45s
- Q7Which answer show the Step 2 of the control processMeasure actual performanceCompare the objectives and standardsMake correction for the objectives and standardsForecast the market value45s
- Q8Which of the following statements is false on how to measure the organizational performance?The effectiveness in terms of achieving desired objectives and goals.The employee’s satisfaction index in the organization.The organizational rankings in the appropriate platform such as Forbes, Fortune, BussinessWeek and etc.The productivity in terms of production output of goods and services.45s
- Q9Control is important because of the following answer exceptit leads to the birth of innovative and creative ideasit helps protect an organization and its assetsit's the only way to know whether goals are being metit provides information and feedback45s
- Q10Ensuring that everything is carried out according to plan is part of the process ofLeadingPlanningControllingOrganizing45s
