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ILT Ltd is a small enterprise. Suggest w...

ILT Ltd is a small enterprise. Suggest whether this company can afford to install an expensive control system or not.

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Controlling is an expensive and time taking process. Considerable time and huge expenditure is required to install a control system. Thus, it is suggestive that small enterprises should not install it, as it may not justify the expenses involved. Personal observation method can be adopted for this purpose, since it is a less expensive way to monitor the progress of tasks and behaviour of employees.
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ARIHANT PUBLICATION-CONTROLLING-CHAPTER PRACTICE (SHORT ANSWER TYPE QUESTIONS)
  1. How is control related with planning ?

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  2. Name the two situations in which corrective action is not required

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  3. Which main standards are used in various functional areas ?

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  4. Controlling is a systematic process involving a series of steps'. Do y...

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  5. What is feedback in controlling ?

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  6. After setting the performance standards, the next step in the controll...

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  7. State three benefits of the principle of critical point control

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  8. Explain how 'management by exception' helps in the controlling process

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  9. Explain how 'critical point control' helps in the controlling process

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  10. 'The control process involves initially establishing standards and the...

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  11. Control implies taking action'. Explain

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  12. Controlling is looking back'. Explain

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  13. Controlling provides direction to all activities and efforts for achie...

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  14. You are a management guru. In your opinion, is controlling the last fu...

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  15. XYZ Ltd is a manufacture of wall clock and the company is opting a goo...

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  16. In KCF Ltd, a food joint, it is being observed that sales are declinin...

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  17. ILT Ltd is a small enterprise. Suggest whether this company can afford...

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  18. You are the manager of a tyre manufacturing company. If it is reported...

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  19. An ideal control technique is the one that checks every bit of perform...

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  20. Explain any four points of importance of the controlling function of m...

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