Question

Techniques of managerial control are useful in __________.

• A. Selection of plant location
• B. Identifying appropriate technology
• C. Profit planning
• D. Conducting shareholders' meeting

Answer 1

The correct option is C Profit planning

Management by objectives is a way of managerial control where management of people and work is done by keeping in mind the objectives of the business and preparing controlling analysis from time to time to judge the accuracy of the initially set standards. Such techniques of managerial control are very useful in profit planning as they judge the accuracy of the plan from time to time.

Hence, option (C) is the correct answer.