CUET Business Studies: Business StudiesControlling. Free, no login required.

Q1:

2023: 11 June Shift 3

Controlling

Easy

________ helps to minimise dishonest behaviour on the part of the employees by keeping a close check on their activities.

Answer options

Q2:

2023: 29 May Shift 2

Controlling

Easy

Arrange the steps of Controlling process in a logical sequence.

A. Measurement of Actual performance

B. Setting performance standards

C. Taking Corrective action

D. Comparison of actual performance with standards

E. Analysing deviations

Choose the correct answer from the options given below:

Answer options
Option 1
Correct Answer
Explanation for 2023: 29 May Shift 2 BST question 2

Q3:

2022: 28 May Shift 2

Controlling

Easy

Read the following case study and attempt question number.

Mr Vinay is a production Manager in a company. Being a Manager he seeks planned results from his subordinates so he sets the criteria against which actual performance of subordinates will be measured. He also conveys these criteria to his subordinates.

He knows that it is neither economical, nor easy to keep a check on each and every activity. He also finds that if he tries to control everything it will result in controlling nothing.

After these two considerations he gives main focus of his effort on comparatively more important tasks and finally he gets planned results.

Identify the Functions of management which is being discussed in the above case study.

Answer options
Option 3
Correct Answer
Explanation for 2022: 28 May Shift 2 BST question 3

Q4:

2022: 28 May Shift 2

Controlling

Easy

Read the following case study and attempt question number.

Mr Vinay is a production Manager in a company. Being a Manager he seeks planned results from his subordinates so he sets the criteria against which actual performance of subordinates will be measured. He also conveys these criteria to his subordinates.

He knows that it is neither economical, nor easy to keep a check on each and every activity. He also finds that if he tries to control everything it will result in controlling nothing.

After these two considerations he gives main focus of his effort on comparatively more important tasks and finally he gets planned results.

Name the step of Management Function which is discussed in given phrase "he sets criteria" ?

Answer options
Option 4
Correct Answer
Explanation for 2022: 28 May Shift 2 BST question 4

Q5:

2022: 28 May Shift 2

Controlling

Medium

Read the following case study and attempt question number.

Mr Vinay is a production Manager in a company. Being a Manager he seeks planned results from his subordinates so he sets the criteria against which actual performance of subordinates will be measured. He also conveys these criteria to his subordinates.

He knows that it is neither economical, nor easy to keep a check on each and every activity. He also finds that if he tries to control everything it will result in controlling nothing.

After these two considerations he gives main focus of his effort on comparatively more important tasks and finally he gets planned results.

Which point has been indicated in the phrase "it is neither economical, nor easy to keep a check on each and every activity" ?

Answer options
Option 3
Correct Answer
Explanation for 2022: 28 May Shift 2 BST question 5

Q6:

2022: 28 May Shift 2

Controlling

Medium

Read the following case study and attempt question number.

Mr Vinay is a production Manager in a company. Being a Manager he seeks planned results from his subordinates so he sets the criteria against which actual performance of subordinates will be measured. He also conveys these criteria to his subordinates.

He knows that it is neither economical, nor easy to keep a check on each and every activity. He also finds that if he tries to control everything it will result in controlling nothing.

After these two considerations he gives main focus of his effort on comparatively more important tasks and finally he gets planned results.

"If he tries to control everything, it will result in controlling nothing". Identify the point which is underlined in the above phrase.

Answer options
Option 1
Correct Answer
Explanation for 2022: 28 May Shift 2 BST question 6

Q7:

2022: 6 Oct Shift 1

Controlling

Easy

_____ is the managerial function that monitors organisational performance towards the attainment of organisational goals

Answer options
Option 2
Correct Answer
Explanation for 2022: 6 Oct Shift 1 BST question 7

Q8:

2022: 6 Oct Shift 1

Controlling

Medium

Controlling function of an organisation is _____

Answer options
Option 3
Correct Answer
Explanation for 2022: 6 Oct Shift 1 BST question 8

Q9:

2022: 6 Oct Shift 1

Controlling

Medium

In a bulb manufacturing unit, the range of defective bulb is decided at 5%. Any deviation that goes beyond the permissible limit of defect is to be brought to the notice of supervisor.

Identify the concept of one of the functions of management highlighted here.

Answer options
Option 1
Correct Answer
Explanation for 2022: 6 Oct Shift 1 BST question 9

Q10:

2022: 6 Oct Shift 1

Controlling

Medium

Which of the following is not a limitation of controlling ?

Answer options
Option 3
Correct Answer
Explanation for 2022: 6 Oct Shift 1 BST question 10

Q11:

2022: 6 Oct Shift 1

Controlling

Easy

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.

Answer options
Option 2
Correct Answer
Explanation for 2022: 6 Oct Shift 1 BST question 11

Q12:

2022: 6 Oct Shift 1

Controlling

Hard

Match list I with list II

LIST ILIST II
A. Setting performance standardsI. Management by Exception
B. Analysing deviationII. Sample checking
C. Measurement of actual performanceIII. Reveals the deviation
D. Comparison of actual performance with standardsIV. Serves as benchmarks

Choose the correct answer from the option given below:

Answer options
Option 3
Correct Answer
Explanation for 2022: 6 Oct Shift 1 BST question 12

Q13:

2022: 30 Aug Shift 1

Controlling

Easy

Which function of management refers to monitoring organisational performance towards the attainment of organisational goals ?

Answer options

Q14:

2022: 30 Aug Shift 1

Controlling

Easy

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

Answer options

Q15:

2022: 30 Aug Shift 1

Controlling

Easy

Maya, the owner of the firm, sets production target for each day and month, in consultation with the Production Manager and supervisors. They decided that deviation between standard production and actual production up to 5% is acceptable. Deviations beyond this, should be reported. Identify the concept mentioned above.

Answer options

Q16:

2022: 30 Aug Shift 1

Controlling

Medium

Arrange the following steps of controlling in proper order.

(a) Analysing deviation

(b) Comparing actual performance with standards

(c) Setting performance standards

(d) Taking corrective action

(e) Measurement of actual performance

Choose the most appropriate answer from the options given below :

Answer options

Q17:

2022: 30 Aug Shift 1

Controlling

Medium

Match the items of List - I with the correct items of List - II.

List - IList - II
(a) Personal Observation(i) operations are planned in advance in the form of financial statement and actual results compared
(b) Budgetary Control(ii) Technique used to study relationship between cost, volume and profits
(c) Break even Analysis(iii) enables manager to collect first hand information
(d) Statistical Reports(iv) information presented in the form of chart, graph, table etc.

Choose the correct answer from the options given below :

Answer options

Q18:

2022: 30 Aug Shift 1

Controlling

Easy

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

Answer options

Q19:

2022: 20 Aug Shift 1

Controlling

Medium

Match the List I with List II

List IList II
A. Setting performance standardsI. Performance should be messured in reliable manner
B. Measurement of actual performanceII. Critical point control is used Analysing deviations
C. Analysing deviationIII. Standards are the bench-marks against which actual performance is measured
D. Taking corrective actionIV. When deviation goes beyond permissible limit
Answer options

Q21:

2022: 20 Aug Shift 1

Controlling

Easy

Identify the option which is not highlighting the importance of controlling

Answer options

Q22:

2022: 20 Aug Shift 1

Controlling

Easy

"Only Significant deviations which go beyond the permissible limit should be brought to the notice of management" Identify the technique being referred in analysing deviation.

Answer options

Q23:

2022: 20 Aug Shift 1

Controlling

Easy

A manger realised that inspite of best efforts put in by his workers, the target could not be achieved. 'Obsolete machinery' was the cause of deviation. Suggest from the following a corrective actions that could be appropriate to overcome the on going problem.

Answer options

Q24:

2022: 17 Aug Shift 1

Controlling

Easy

These two functions are inseparable twins of management. One function is considered as forward looking and another is known as backward looking.

Identify the functions of management explained above:

Answer options

Q25:

2022: 17 Aug Shift 1

Controlling

Easy

In a factory, supervisor follows the technique of sample checking of the units produced. Which step in the process of controlling is being performed by him?

Answer options

Q26:

2022: 16 July Shift 2

Controlling

Easy

Arrange the following in the correct sequence with respect to controlling process.

A. Analyzing deviation

B. Taking corrective action

C. Setting standards

D. Comparing actual performance with standards

E. Measurement of actual performance

Choose the correct answer from the options given below:

Answer options

Q27:

2022: 16 July Shift 2

Controlling

Medium

Mr. Sumit Sharma is the Product manager of a Garment manufacturing company. He was asked by the Senior manager Mr. Ram to prepare performance report of the employee as the production was decreasing.

Which step of the controlling process, the senior manager Mr. Ram wanted Mr. Sumit to perform?

Answer options

Q28:

2022: 16 July Shift 2

Controlling

Medium

Controlling function of management is :

Answer options

Q29:

2022: 16 July Shift 2

Controlling

Medium

Which of the following statements are true about controlling?

A. Controlling is forward looking function

B. Controlling improves future planning

C. Controlling is a pre-requisite for planning

D. Controlling is prescriptive

E. Controlling is required only at lower level

Choose the correct answer from the options given below:

Answer options

Q30:

2022: 15 July Shift 2

Controlling

Medium

Read the case given below and attempt the following questions

Anukriti, a III year B.Com student is very fond of home cooked food as her mother keeps experimenting with new tastes and varieties every now and then. Although the family is well off and reputed in society, her mother feels lack of recognition and self-respect for herself. The mother daughter duo decided to go ahead with their own start up and cater to various occasions like birthday parties, office events, festivities, food for elderly and patients and so on.

They assessed the number and type of human resources required and accordingly hired the calculated man-power for help from those introduced by their domestic help and some relatives. They ensured the quality standards for hygiene in kitchen, standardized the quality of vegetables, dry fruits and other raw materials to be purchased, made sure that the orders are delivered in time.

While Anukriti's mother took care of all cooking in Kitchen, she personally observed the helpers at work. Being a commerce student, Anukriti decided to take care of finances herself. She prepared budgets in terms of quality, time, cost of material, calculated a point with no profit, no loss to ensure earning of target profits.

As per the feedback received from customers, they improvised the dishes with lesser oil, spices, sugar.

As both of them were very understanding and positive towards feedback, their business grew well. Gradually, they trained their staff in cooking, packaging, inventory management. The employees are happy and satisfied as their basic remuneration and incentives are increased.

'They ensured quality standards for hygiene, standardized the quality of raw materials....'

This is a step in the process of one of the function of management. Identify the function

Answer options