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Controlling Test - 39

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Controlling Test - 39
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  • Question 1
    1 / -0
    ______ is a function of management, therefore, it means the measurement and correction of the performance of activities of subordinates in order to make sure that enterprise objectives and plans devised to attain them are accomplished.
    Solution
    Controlling is a managerial function. Controlling is the act of checking, regulating and verifying whether everything occurs as per the standards set by institutions and plans adopted by the company. Controlling helps the personnel manager to evaluate the performance of employees of the human resource department so far as the operating functions are concerned. 
  • Question 2
    1 / -0
    Importance of control: ________
    Solution
    The importance of control is manifold. It:
    • Helps in decentralizing authority by  facilitating coordination in action
    • Increases managerial ability by making optimum utilisation of resources
    • Strives to rationally structure human behaviour by enabling order and discipline
  • Question 3
    1 / -0
    _____________ means Individuals believe that they control what happens to them.
    Solution
    Locus of control is the extent of control people have in their lives which effects the outcomes of events in their lives. Internal locus of control means that people think they can control the outcomes of events happening in their lives. 
  • Question 4
    1 / -0
    Individuals who believe what happens to them is controlled by outside forces such as luck or chance is called ___________.
    Solution
    Locus of control is the extent of control people have in their lives which effects the outcomes of events in their lives. External locus of control means the outcome of events in an individual's life which is affected by outside forces such as luck or chance.
  • Question 5
    1 / -0
    Effective control requires :
    Solution
    Controlling is the act of checking, regulating and verifying whether everything occurs as per the standards set by institutions and plans adopted by the company. Effective control requires flexibility to carry on such actions. 
  • Question 6
    1 / -0
    Which of the following is/are traditional control device(s) of control system?
    Solution
    Traditionally there are ten types of control techniques. Internal audit is one among them. It means an evaluation of the management as a whole. It critically examines the full management process, i.e. planning, organising, directing, and controlling. It finds out the efficiency of the management. 
  • Question 7
    1 / -0
    Which of the following is essential of good control system?
    Solution
    A good control system should be simple to understand. Any complex set of instructions is not very easy for employees to follow that might result in issues in achieving the goals and objectives of the company.
  • Question 8
    1 / -0
    Which of the following is/are non-traditional control device(s) of control system?
    Solution
    Network analysis is a technique which is concerned with minimising the total completion time of the project, as well as minimising the over-all project costs. The network analysis is eminently suitable to projects which are not routine or repetitive and which may be conducted only once or a few times, such as construction of buildings, dams, research and development, marketing of new products, building a ship, construction of factories, missile production, etc. PERT and CPM are the two very popular types of network analysis used in modem management.
  • Question 9
    1 / -0
    Which of the following is essential of good control system?
    Solution
    Feedback is the most essential element of a good control system. This is because feedback is an information about reactions to a product, a person's performance of a task, etc. which is used as a basis for improvement. Such feedback helps in the restructuring of goals and policies, as well as the means to achieve them, if need be.
  • Question 10
    1 / -0
    Which of the following is/are traditional control device(s) of control system?
    Solution
    Traditional control devices of control system consists of:
    • Standard costing: Standard costing as a technique of control may be defined as a system which involves the use of predetermined 'standard costs' relating to each item of cost and for each line of product, manufactured or service rendered.
    • Budgetary Control: Budgetary control, as a technique of managerial control, refers to the principles, procedures and practices of achieving given objectives through budgets. Thus, budgetary control involves preparation of budgets, relating the responsibilities of managers to budgeted activities, and the continuous comparison of actual with budgeted results. It aims at securing the objectives as per the budget and providing a basis for its revision, if necessary. 
    • Statistical Quality control: The purpose of quality control is to ascertain whether the quality of a product or service is being maintained or if there is any variation in size, weight, finish etc. In every production process there are always some standard specifications laid down either by the producer or the consumer. 
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