Question : Which of the following explains the relationship between planning and controlling?
Option 1: Both are interrelated and interdependent
Option 2: Planning is descriptive and controlling is evaluative
Option 3: Both a backward looking as well as forward-looking function
Option 4: All of the above.
Correct Answer: All of the above.
Solution : Following are the relationship between planning and controlling-
Hence Option D is correct.
Question : Plans are guided by past experience. Which relationship does it represents?
Question : It measures and compare actual performance with standard fixed in the past. Which relationship does it represents?
Question : Plans are prepared for future and based on forecast about future conditions. Which relationship does it represents?
Question : It aims to improve future performance, based on experience gained in the past. Which relationship does it represents?
Question : Planning describes the most appropriate course of action to achieve the objectives. Which relationship between planning and controlling is directed here?
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