MBA Controlling — practice questions
44 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice MBA Controlling in the app →Controlling means ensuring that activities in an organisation are performed:Managers at top, middle and lower levels all exercise control, so controlling is:Controlling should not be seen as the last function because it:Managerial control was defined as measurement of accomplishment against the standard by:By bringing deviations to light and indicating corrective action, controlling helps in:A good control system lets management verify whether the standards set are:Controlling reduces wastage and spoilage, which means it makes efficient use of:Employees know in advance the standards on which they will be appraised, which improves:Keeping a close check on activities to minimise dishonest behaviour creates:Employee morale and job satisfaction are hard to control because of the difficulty in setting:Government policies, technological change and competition show that control has little power over:Employees may object to being watched by closed circuit cameras. This limitation is:A small enterprise may not install an elaborate control system because control is a:Planning and controlling are described as:Planning is prescriptive while controlling is:It is said that planning looks ahead and controlling looks back, but in truth both are:The first step in the controlling process is:Cost to be incurred, revenue to be earned and units to be produced are examples of:Checking a few pieces at random for quality in a large plant is called:Performance should ideally be measured in the same units in which:Comparing actual performance with the standard reveals the:Cutting defects from 10 in every 1,000 pieces to 5 in every 1,000 by quarter end is an example of a:The process by which managers set goals and specify how they will be reached is:Plans are said to have two basic components: action statements and:Planning is described as being mainly what kind of activity?Managers are advised to treat planning as part of their:One stated reason managers plan is to offset:A study cited found absenteeism cost companies each year about:How many steps does the planning process described contain?The first step in that process is developing an awareness of the:The second step in that process is establishing:The third step, forming assumptions about the future environment, is called:In the fourth step, managers develop a statement detailing what needs to be done. That is the:The fifth step involves formulating plans that bolster and explain the basic plan. These are:Rules, policies and procedures, used repeatedly for recurring issues, are:Plans developed for unique situations and usually replaced after one use are:Which is one of the three types of that once-only plan?Controls used before work begins, to prevent deviation from the plan, are:Controls used after the product or service is finished, to examine output, are:Controls applied while the work is under way are called:Planning and controlling are described in effective organisations as being:Effective control systems rest, above all, on good:Plans that are placed on a shelf and never revisited show a failure to value:The push for continuous improvement in processes and products came in part from: