"The measurement of accomplishment against the standard and the correction of deviations to assure attainment of objectives according to plans". Identify the function of management highlighted in the aforesaid statement.
Solution
✅ Correct Option: 4
Option 1 -> Directing involves guiding, leading, and motivating employees to perform their tasks effectively. Option 2 -> Organising involves arranging resources, assigning duties, and establishing relationships to execute plans. Option 3 -> Planning involves setting objectives and determining the course of action to achieve organizational goals. Option 4 -> Controlling involves measuring actual performance against standards, identifying deviations, and taking corrective actions to ensure objectives are met. Hence, Option 4: Controlling -> The statement clearly describes the controlling function as it emphasizes "measurement of accomplishment against standards" (monitoring performance), "correction of deviations" (taking corrective action), and "assurance of attainment of objectives according to plans" (ensuring goals are achieved). These are the core elements of the controlling function of management. -> correct
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