ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Controlling
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Planning
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Operating
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Directing
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Detailed explanation-1: -Objective of Controlling To ensure that the performance of activities takes place in accordance with the standards that have been predetermined. To improve the operational efficiency of operations by avoiding unnecessary actions. To ascertain the correct action to take with the least amount of costs, effort, and time.
Detailed explanation-2: -Planning: is the function of management that involves setting objectives and determining a course of action for achieving those objectives.
Detailed explanation-3: -The controlling function helps in measuring the progress towards the organizational goals & brings any deviations, & indicates corrective action. Thus, an overall sense, the controlling function helps and guides the organizational goals for achieving long-term goals in future.