Business Studies- Controlling

Reducing the workers, absenteeism in a factory by 20% is an example of

In a marketing firm, the Financial Manager pays more attention towards an increase of 3% in the marketing cost as compared to a 15% increase in the courier expenses. Identify the concept being used by the manager.

Yash runs a logistic company. The Tour Incharges of each trip in the company are expected to submit a report to the Event Manager on the completion of every trip. Identify the step in the controlling process being described in the above lines.

The need for the controlling function is felt in

Controlling is known as a backward-looking function because

In an artificial plants manufacturing unit, the standard output set for a worker is 50 units per day. Dinesh produces 48 units in one day. In the given case, the value of deviation is

This concept of Control Management is based on the belief that if you try to control everything, you may end up controlling nothing.

When the deviations between the actual performance and the planned performance are within the limits

Which of the following is a technique used for measuring actual performance?

The comparison of actual performance with the planned performance becomes easier if the standards are set in