Question
How can you say that ‘controlling is not necessarily looking back, it is looking forward also’?

Answer

Controlling is called a process of looking back because under it the actual results are compared with the expected results. On this basis, this is true that controlling means looking back. But it will be wrong to say that controlling does not include looking forward. Under controlling, when the actual results are compared with the expected results to find out deviations and corrective action is initiated, this corrective action is taken with reference to future. On this basis, it can be said that controlling looks forward also.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Sridhar’s father is working as a section in-charge in a government office. Identify the level of management at which he is working? State any five functions that he has to perform at this level.
“The post of supervisor should be abolished in the hierarchy of managers”. Do you agree? Give any three reasons in support of your answer.
What do you mean by ‘Levels of Management’?
An investor wanted to invest ₹ 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.
Distinguish between 'Motion study' and 'Time study' on the basis of meaning and purpose.
The quality of production was not as per the standards. On investigation, it was observed that most of the workers were not fully aware of proper operation of the machinery. What can be done to improve the accuracy?
Briefly state any three elements of ‘directing’.
Prashant, the Director of a company, is planning to manufacture rugs for utilising waste materials from one of his garment factories. He decided that this manufacturing unit will be set-up in a rural area so that people of that area will have more job opportunities. For this, he wanted four different heads for Sales, Accounts, Purchase and Production Departments. He decided that one of them will be a differently-abled person, another from a minority community and one from a disadvantaged section of society. He gave an advertisement in the newspaper for the above vacancies.
  1. Identify and state the next three steps Prashant has to follow in the staffing process after advertising for the above vacancies.
  2. Identify any two values that Prashant wants to communicate by setting up this manufacturing unit.
What is meant by the ‘Product Concept’ of marketing’?
Manav Computers Ltd. is a leading company in Computer Technology and IT services. The CEO of the company attributes the success of the Company to its managerial team spirit, which have helped to handle rapid changes in technologies and to transform threats into opportunities. Like any other business enterprise profits are important for survival and growth of Manav Computers Ltd. The management of the company believes that a satisfied employee creates a satisfied customer, who in turn creates profits that leads to satisfied shareholders.
The company has a strong sense of social responsibility. It has set up many educational institutions in the field of management, engineering and computer education in which half of the students are girls.
Identify and explain the objectives of the company discussed in the above para. Also quote the lines for the identified objectives.