Question : What is the relationship between planning and controlling?
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 and controlling are simultaneous processes.
Solution : The correct answer is (d) Planning and controlling are simultaneous processes.
Planning and controlling are two essential functions of management that go hand in hand. They are interrelated and occur simultaneously in the management process. Planning involves setting goals, identifying actions and strategies to achieve those goals, and creating a roadmap for how to proceed. It is the process of determining what needs to be done, when, how, and by whom. Planning provides a framework for decision-making and resource allocation.
Controlling, on the other hand, involves monitoring the actual performance of activities and comparing it against the planned goals. It involves measuring, evaluating, and taking corrective actions to ensure that the planned objectives are being achieved. Controlling helps to ensure that the plans are implemented effectively and efficiently.
Question : Case Study 11:
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
Question : Case Study 18:
Question : Case Study 1:
XYZ Electronics is a company that manufactures smartphones. The management team at XYZ Electronics is concerned about maintaining the quality of their products and ensuring they meet customer expectations. They want to implement effective
Question : Which one of the following sequence of process of management is correct?
Question : Recruitment,selection, training, and development of employees are the processes of which function of management?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile