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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Staffing and organizing
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Staffing and controlling
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Planning and leading
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Planning and controlling
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Disciplining and recruiting
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Detailed explanation-1: -Ans: The correct answer is A. Planning and control are very interlinked and interdependent functions of management. The information collected during the control function provides the basis of planning the future actions of the firm.
Detailed explanation-2: -Planning is a thinking process while controlling is an executive function. While planning involves creative thinking, imagination and sound judgement, controlling ensures that such decisions are converted into desired actions. Thus, planning is prescriptive, whereas, controlling is evaluative.
Detailed explanation-3: -Planning and controlling are the two functions of management that are closely related with each other.
Detailed explanation-4: -Planning and controlling are interdependent and interrelated activities. Without planning there is no basis for controlling activities and without effective controlling planned activities cannot be properly implemented and there cannot be improvement in future plans.