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Question

Engineer India Ltd. is engaged in manufacturing machine components the target production is 300 units per day. The company had been successfully attaining the target three months ago. Over the last three months it has been observed that daily production varies between 220 and 250 units. Identify the management function to rectify the above situation. Briefly state the procedure of this function.

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Solution

Controlling is an important function of management which all the managers are required to perform. In order to contribute towards achievement of organisational objectives, a manager is required to exercise effective control over the activities of his subordinates.
4 Steps of Control Process are:
  • Establishing standards and methods for measuring performance.
  • Measuring the performance.
  • Determining whether performance matches the standard.
  • Taking corrective action.

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