BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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controlling
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organizing
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implementing
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planning
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Detailed explanation-1: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.
Detailed explanation-2: -Controlling involves ensuring that performance does not deviate from standards. Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary.
Detailed explanation-3: -It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals.
Detailed explanation-4: -Controlling. It implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals.