A. Evaluating deviations
B. Measuring actual performance
C. Establishing performance standards
D. Taking corrective action
Choose the correct answer from the options given below:
Understanding the Management Control Process Sequence
The control process in management is crucial for ensuring that organizational objectives are met. It involves a systematic sequence of actions to monitor performance and make necessary adjustments.
Key Steps in the Control Process
The correct sequence follows these logical steps:
- Establishing Performance Standards (C): This is the foundational step where the desired level of performance is defined. These standards act as benchmarks against which actual performance will be measured.
- Measuring Actual Performance (B): Once standards are set, the next step is to measure what has actually been achieved. This involves gathering data on the performance outcomes.
- Evaluating Deviations (A): In this step, actual performance is compared with the established standards. Any significant differences between the two are identified as deviations.
- Taking Corrective Action (D): If the evaluation reveals unacceptable deviations, corrective actions are taken to bring the performance back in line with the standards or to revise the standards if necessary.
Therefore, the correct sequential order is C, B, A, D.
Important Questions from Management
Which of the following elements are involved in Scientific Management?
A. Focus more on non-economic factors
B. Science instead of rules of thumb
C. Particular view of human behavior
D. Maximum output instead of restricted output
E. The development of each person to his/her greatest efficiency
Choose the correct answer from the options given below:
Which one of the following theories is based on the notion that individual attitude towards risk will vary?
Which of the following are principles of Scientific Management?
A. Job Analysis
B. Unity of Command
C. Division of Labour
D. Stability of Tenure
E. Maximum profits
Choose the most appropriate answer from the options given below:
Match List I with List II
List I
(Theory)
List II
(Propounders)
(A)
Bureaucratic Organization (I)
Henri Fayol (B)
Change Management Theory (II)
Peter Drucker (C)
Administrative Management (III)
Max Weber (D)
Management by Objectives (IV)
Kurt Lewin
Choose the correct answer from the options given below:Given below are two statements: One is labeled as Assertion A and the other is labeled as Reason R.
Assertion A: Conflict is a natural by-product of people's interactions in organizations and cannot be eliminated.
Reason R: Conflict arises because organizational members have common goals.
In the light of the above statements, choose the most appropriate answer from the options given below.
