MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS PLANNING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which management function monitors organisational performance towards the attainment of organisational goals?
A
planning
B
organising
C
directing
D
controlling
Explanation: 

Detailed explanation-1: -Controlling is the management function of monitoring organizational performance towards the attainment of organizational goals.

Detailed explanation-2: -The controlling function of management generally means organizational control. That is, its a process by which an organization (through its managers) influences its sub-units and members in the process of attaining organizational goals and objectives.

Detailed explanation-3: -Controlling is the process of assessing the organization’s progress toward accomplishing its goals. It includes monitoring the implementation of a plan and correcting deviations from that plan.

Detailed explanation-4: -The initial step in the process of controlling is establishing standards of performance for the employees so that they have an idea of how well the activity has to be performed.

Detailed explanation-5: -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.

There is 1 question to complete.