GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Controlling is a substitute for planning
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Controlling is a part of the planning process
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A control process is meaningless without pre-set goals
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Planning and controlling are essentially one and the same
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Detailed explanation-1: -The controlling function measures progress towards the organisational goals and brings to light the deviations, if any, and indicates corrective action. Hence, a control process is meaningless without pre-set goals.
Detailed explanation-2: -Answer and Explanation: It is false to say that planning and control are essentially the same things.
Detailed explanation-3: -The correct steps involved in the controlling process are Setting performance standards, Measurement of actual performance, Comparison of actual performance with standards, Analysing deviations, and taking corrective action.
Detailed explanation-4: -b. “Controlling is a part of the planning process”-This statement is correct. Controlling is an integral part of the planning process, as it helps organizations to monitor progress towards goals and make necessary adjustments along the way.
Detailed explanation-5: -Planning and controlling are inseparable twins of management. Planning without controlling is meaningless, controlling without planning is blind.