"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

Identify the option which is not highlighting the importance of controlling

Identify the correct sequence of Controlling process:

Which concept of controlling is referred to as 'control by exception'?

Arrange the steps of the controlling process in a logical sequence.

(A) Corrective action might involve training of employees if the production target could not be met.

(B) Setting standards of performance

(C) Performance of a worker in terms of units produced is measured against the standard output.

(D) Critical point control and management by exception should be used in case of deviations.

Choose the correct answer from the options given below:

Sunlight pvt. ltd. are involved in the production of light bulbs of 10W, 50W and 100W. They usually produce 1000 bulbs every day and the internal quality assurance team finds that five to ten bulbs are always defective, yet they ignore this fact and allow the production team to proceed without any further action. Which concept did they follow in the case?

Match List-I with List-II

Choose the correct answer from the options given below: