Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

In which of the following case immediate managerial attention is required so that deviations do not occur again?

Options:

Whenever deviations occur

When deviations occur rare

When deviations are beyond the acceptable range

When deviations are within the acceptable range

Correct Answer:

When deviations are beyond the acceptable range

Explanation:

The correct answer is option 3- When deviations are beyond the acceptable range.

When deviations are beyond the acceptable range, managerial attention is required so that deviations do not occur again.

The last step in the controlling process is taking corrective action. No corrective action is required when the deviations are within acceptable limits. However, when the deviations go beyond the acceptable range, especially in the important areas, it demands immediate managerial attention so that deviations do not occur again and standards are accomplished. In case the deviation cannot be corrected through managerial action, the standards may have to be revised.