GENERAL KNOWLEDGE

Detailed explanation-1: -Controlling is a primary goal-oriented function of management in an organization. It is a process of comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not then taking corrective action.

Detailed explanation-2: -Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling. 1 Consider what each of these functions entails, as well as how each may look in action.

Detailed explanation-3: -Controlling is the fourth function in the management process. Controlling is monitoring employee activities determining whether the organization is on target towards its goals making corrections if necessary.

Detailed explanation-4: -Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary.