GENERAL KNOWLEDGE

Detailed explanation-1: -Controlling is the process of monitoring activities, measuring performance, comparing results to objectives, and making modifications and corrections when needed.

Detailed explanation-2: -Controlling: involves ensuring that performance does not deviate from standards. Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary.

Detailed explanation-3: -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-4: -The planning function involves establishing goals and standards, developing rules and procedures, and forecasting.