Question : Statement 1: Controlling does not impact resource allocation in an organization.
Statement 2: Controlling ensures that resources are effectively utilized to achieve goals.
Option 1: Both correct.
Option 2: Both incorrect.
Option 3: Statement 1 correct, Statement 2 incorrect.
Option 4: Statement 2 incorrect, Statement 1 correct.
Correct Answer: Statement 1 correct, Statement 2 incorrect.
Solution : The correct answer is (c) Statement 1 correct, Statement 2 incorrect.
Statement 1 is correct. Controlling, as a function, is primarily focused on monitoring and assessing performance to ensure it aligns with planned objectives and standards. It is not directly responsible for resource allocation decisions.
Statement 2 is incorrect. Controlling does play a role in ensuring that resources are effectively utilized to achieve goals. It involves monitoring resource usage and identifying areas where resource allocation may need adjustments to better align with organizational objectives.
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