Controlling in Management: Objectives and Plans
18 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of controlling in an organization?

  • To reduce labor costs
  • To ensure that enterprise objectives are accomplished (correct)
  • To develop new strategies
  • To improve organizational structure

    • What do standards reflect in an organization?

  • The various positions in an organization structure (correct)
  • Employee skills and abilities
  • The competitive landscape
  • The company's financial performance

    • What is a key requirement for effective control in an organization?

  • Real-time feedback (correct)
  • Quarterly budget reviews
  • Annual performance evaluations
  • Regular team meetings

    • What is one way that managers can correct deviations from standards?

    <p>By modifying their goals or plans</p> Signup and view all the answers

    What is the primary difference between directing and controlling?

    <p>Directing involves initiating action, while controlling involves measuring performance</p> Signup and view all the answers

    What is an example of a physical standard in an organization?

    <p>Labor hours per unit produced</p> Signup and view all the answers

    What is the main purpose of organizing in strategy implementation?

    <p>To create an organizational structure</p> Signup and view all the answers

    What is the first step in the evaluation and control process?

    <p>Defining parameters to be measured</p> Signup and view all the answers

    What is the primary objective of strategy implementation?

    <p>To achieve the firm's objectives</p> Signup and view all the answers

    What is an important aspect of organizational structure?

    <p>All of the above</p> Signup and view all the answers

    What is the last step in the evaluation and control process?

    <p>Making necessary changes</p> Signup and view all the answers

    What is the purpose of departmentalization in organizing?

    <p>To group activities necessary to attain objectives</p> Signup and view all the answers

    What is the primary objective of management in an economic system?

    <p>To provide goods and services efficiently</p> Signup and view all the answers

    What is the process of developing and analyzing an organization's mission, goals, and strategies?

    <p>Strategic planning</p> Signup and view all the answers

    What is the purpose of a plan in an organization?

    <p>To provide direction and purpose</p> Signup and view all the answers

    What is the role of a manager in the planning process?

    <p>To make decisions on strategy and resource allocation</p> Signup and view all the answers

    What is the outcome of effective planning in an organization?

    <p>Achieving organizational goals</p> Signup and view all the answers

    What are the essential elements of management that ensure an organization functions effectively?

    <p>Planning, organizing, staffing, directing, and controlling</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser