BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Management; the process of dealing with or controlling things or people. Throughout modern history, management – this process of ordering work or people – much like other sciences or arts, has created and garnered certain techniques, trends and myths. Taking management seriously, however, is important.

Detailed explanation-2: -The controlling process in business management is when managers set, measure and refine their business operations and manage cost control. By using a controlling process, a company can navigate changes to the supply chain, customer demand and other variables that impact a company’s livelihood.

Detailed explanation-3: -Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using its limited resources in the changing environment.

Detailed explanation-4: -Organizational control typically involves four steps: (1) establish standards, (2) measure performance, (3) compare performance to standards, and then (4) take corrective action as needed.

Detailed explanation-5: -Examples of controlling functions Schedule and deadline management, employee training, performance evaluations, adjustments to budgets or staffing assignments, and resource allocation are all included within the controlling function.