Question : Case Study 18:
ABC Pharmaceuticals is a company that manufactures and sells medicinal products. The management team at ABC is concerned about maintaining the quality of its products and ensuring compliance with regulatory standards.
Question:
What is the relationship between planning and controlling at ABC Pharmaceuticals?
Option 1: Planning and controlling are unrelated.
Option 2: Planning comes before controlling.
Option 3: Controlling comes before planning.
Option 4: Planning and controlling are simultaneous processes.
Correct Answer: Planning comes before controlling.
Solution : The correct answer is (b) Planning comes before controlling.
In the traditional management process, planning typically comes before controlling. Planning involves setting objectives, goals, and strategies, while controlling follows to monitor and ensure that actual performance aligns with the established plans. This sequential order allows organizations like ABC Pharmaceuticals to establish a clear direction and then use control mechanisms to measure and adjust their activities to meet their planned objectives.
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