Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

Read the following case study and attempt questions.

Mr Vinay is a Production Manager in a company. Being a Manager he seeks planned results from his subordinates so he sets the criteria against which the actual performance of subordinates will be measured. He also conveys these criteria to his subordinates. He knows that it is neither economical nor easy to keep a check on each and every activity. He also finds that if he tries to control everything it will result in controlling nothing After these two considerations, he gives the main focus of his effort on comparatively more important tasks and finally, he gets planned results.

Identify the Functions of management which is being discussed in the above case study.

Options:

Planning

Organising

Controlling

Staffing

Correct Answer:

Controlling

Explanation:

The function of management being discussed in the above case study is controlling. Controlling is the process of ensuring that actual performance conforms to planned performance. It involves setting standards, measuring performance, comparing actual performance to standards, and taking corrective action as needed. In this case, Mr. Vinay is setting standards for his subordinates by conveying the criteria against which their performance will be measured. He is also measuring performance by tracking their progress and comparing it to the standards. Finally, he is taking corrective action by giving them feedback and support. All of these activities are part of the controlling function of management.