
Management Function - Controlling
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6 questions
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- Q1Which of the following statements is correct to describe the importance of controlling?All of the statements.It helps to protect the organization and its assets.It provides information and feedback to empower the employees.It enable the organization to determine whether the goals are achieve or not.45s
- 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.Compare the actual performance and analyze the variation between actual performance and the objectives, goals and standards.Measure the actual performance based on predetermined objectives, goals and standards.45s
- Q3Which of the following statements is the best to describe the meaning of deviation in the context of controlling function?Deviation is the action of doing something that is different from the usual or common way of behaving.Deviation is the difference between a particular number and the average or normal number.Deviation is the process to determine the variation of actual performance against the predetermined objectives, goals and standards.Deviation is a difference from what is usual or expected.45s
- 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 the following statements is false on how to measure the organizational performance?The effectiveness in terms of achieving desired objectives and goals.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.The employee’s satisfaction index in the organization.45s
- Q6Which of these elements are the key areas for balanced scorecard approach?All of the statements.Internal business process.Learning and growth.Financial and customer.45s