Controlling-Concept & Importance (CBSE Class-12 Business-Studies): Questions 1 - 11 of 18

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Question number: 1

» Controlling » Concept & Importance

One Liner Question▾

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Why planning is an empty exercise without controlling?

Question number: 2

» Controlling » Concept & Importance

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What do you call the sales volume at which there is no profit, No loss?

Question number: 3

» Controlling » Concept & Importance

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Is controlling ‘the end’ of management functions cycle? Give reason in support of your answer.

Question number: 4

» Controlling » Concept & Importance

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Name two types of profitability ratios?

Question number: 5

» Controlling » Concept & Importance

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Why is controlling considered to be a backward looking?

Question number: 6

» Controlling » Concept & Importance

Short Answer Question▾

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You are a management guru. You have been asked by a business firm to make its managers understand the importance of controlling. Give any four arguments.

Question number: 7

» Controlling » Concept & Importance

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If you want to control everything you may end up controlling.

Question number: 8

» Controlling » Concept & Importance

One Liner Question▾

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Define Management Audit.

Question number: 9

» Controlling » Concept & Importance

One Liner Question▾

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Give meaning of the term ‘Deviation’ as used in the control function of management.

Question number: 10

» Controlling » Concept & Importance

Essay Question▾

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Taking corrective/remedial action is the last step in the process of one function of one functions of management.

  1. Name of Function.
  2. Explain the other steps of the above mentioned function.

Explanation

  • Controlling
  • Taking corrective action is the last step. Other steps of controlling:
  1. Establishing Standards: Within an organization’s overall strategic plan, managers define goals for organizational departments in specific, operational terms that include standards of performance to compare with organizational activities.
  2. Measuring performance: Most organizations prepare formal reports of performance measurements.… (113 more words) …

Question number: 11

» Controlling » Concept & Importance

Appeared in Year: 2006

Short Answer Question▾

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Explain any three qualities of a good brand name.

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