CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Understanding Managerial Control

Controlling i...

Question

Controlling is a systematic process involving a series of steps. Do you agree? Discuss it briefly.

Open in App

Solution

Yes, controlling is a systematic process which involves the following steps:

(i) Setting performance standards.

(ii) Measurement of actual performance.

(iii) Comparing actual performance with standards.

(iv) Analysing deviations.

(v) Taking corrective action.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Four Marks Question:
"Controlling is a systematic process involving a series of steps."

State the steps involved in the process.

Describing briefly the steps in the process of controlling.

Q. Five Marks Question:
Describe briefly the steps in the process of controlling.

Explain the various steps involved in the process of controlling.

Q. Three Marks Question:
The last step in the process of controlling is 'taking corrective actions'.

Briefly explain the steps in chronological order that are taken in the process of controlling before this step.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Understanding Managerial Control

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Understanding Managerial Control

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon