Question : Statement 1: Controlling is a one-time process in an organization.
Statement 2: Controlling requires continuous evaluation.
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 2 incorrect, Statement 1 correct.
Solution : The correct answer is (d) Statement 2 incorrect, Statement 1 correct.
Statement 1 is incorrect. Controlling is not a one-time process but an ongoing and continuous function in an organization. It involves regular and systematic monitoring, evaluation, and adjustment of activities to ensure they align with planned objectives and standards.
Statement 2 is correct. Controlling indeed requires continuous and ongoing evaluation. It involves monitoring and assessing performance regularly to ensure that an organization stays on track toward its goals and objectives.