Business Studies

Controlling

Easy

Identify the function of management that helps in judging the accuracy of standards.

Planning

Staffing

Directing

Controlling

✅ Correct Option: 4

Controlling helps in judging the accuracy of standards because while comparing actual performance with standards, managers can identify whether the standards themselves were realistic and accurate, and revise them if needed.

2025: 13 May Shift 1

Controlling improves future _______ by providing information derived from past experience.

2022: 30 Aug Shift 1

Which one of the following is NOT a limitation of controlling ?

2022: 6 Oct Shift 1

Quantitative standards should be set so that it is easier to match the actual performance with the desired (planned) performance.

Identify the function of management discussed above.

2026: 24 May Shift 1

"An efficient control system keeps a careful check on the changes taking place in the organization and in the environment and helps to review and revise the standards in light of such changes." Identify the point of importance of controlling highlighted in this statement

2022: 16 July Shift 2

Controlling function of management is :

2026: 20 May Shift 1

Match List-I with List-II

List-I (Standards to gauge performance)	List-II (Functional areas of Business)
(A) Sales volume, sales expense, advertising expenditure, individual sales performance, etc.	(I) Production
(B) Labour turnover, labour relations, labor absenteeism, etc.	(II) Finance and Accounting
(C) Quantity, quality, cost, individual job performance, etc.	(III) Human Resource Management
(D) Flow of capital, capital expenditure, inventories, liquidity, etc.	(IV) Marketing

Choose the correct answer from the options given below:

Identify the function of management that helps in judging the accuracy of standards.

Solution

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