ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which controlling technique measures results after the process
A
future oriented controls
B
past oriented controls
C
present situation
D
depends on the situation
Explanation: 

Detailed explanation-1: -Past-oriented controls: Past-oriented control measure results after the process. These are also identified as post action controls.

Detailed explanation-2: -Concurrent control. Feedback control. Feedforward control.

Detailed explanation-3: -Establishing standards and methods or ways to measure performance. Measuring actual performance. Determining if the performance matches with the standard. Taking corrective action and re-evaluating the standard.

Detailed explanation-4: -Budgetary Control. Standard Costing. Financial Ratio Analysis. Internal Audit. Break-Even Analysis. Statistical Control.

Detailed explanation-5: -Introduction. Biological control. Chemical control. Physical control. Land management methods.

There is 1 question to complete.