Business and Management
Submitted By mvmmenon
Management Process and Organization Behavior
Assignment Set- 1 (60 Marks)
NAME JANU SAJEEV SEM FIRST ADM NO MBA
Q.1 Explain controlling and also discuss different types of control
Definition of Controlling Controlling is a management function that involves comparing actual performance with planned performance and taking corrective action if needed, to ensure the objectives are achieved. Controlling involves ensuring that performance does not deviate from standards.
The management functions of planning, organizing, leading, and controlling are widely considered to be the best means of describing the manager’s job.
Three Phases of Controlling: 1. Anticipating the things that could go wrong and taking preventive measures to see that they don’t. 2. Monitoring or measuring performance in some way in order to compare what is actually happening with what i supposed to be happening. 3. Correcting performance problems that occur. This is the therapeutic aspect of control
Control’s Close Link to Planning Planning and Controlling might be thought of as a Siamese Twins because they are so closely related. Planning sets the ship’s course and controlling keeps it on course. When the ship begins to veer off the course, the navigator notices it and recommends a new heading designed to return the ship to its proper course. Essentially, management control works the same way. Management set goals...