GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Assigning managers tasks for the sales promotion
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Keeping company employees on course to accomplish goals
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Setting company objectives and targets
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Setting company performance and quality measures
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Detailed explanation-1: -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-2: -What are control activities? Control activities are the policies, procedures, techniques, and mechanisms that help ensure that management’s response to reduce risks identified during the risk assessment process is carried out. In other words, control activities are actions taken to minimize risk.
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.
Detailed explanation-4: -Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business.