Controlling Is The Managerial Task That Involves:
Answer of MCQ | Meaning And Role Of Controlling Function In Management
Functions of Controlling In An Organization
For implementing controlling in an organization, different control systems are set which improve the performance of management, departments, workers and employees and overall an organization itself. For example, for measuring and monitoring workers and employees’ performance, wages & salaries standards are set to check and monitor their performances. Based on these standards, the workers and employees who met these standards are paid more than others. In this way, the workers and employees’ performances are increased and they encourage perform well to get more rewards. Any correction or changes, if needed, should be made to get the desired outcome i.e., those workers and employees who failed to achieve the targets due to any reason should be addressed accordingly, e.g., if the failure was due to lack of experience, then provide them assistance of senior workers & employees in order to help them in solving this problem on next time. Due to increase in individuals’ performances, the overall organizational’ s performances also increases and, ultimately, the organizational goals are achieved.
Benefits of Controlling In An Organization
1. Measurement And Improvement of Performance
It helps in measuring the performance of management and overall
organization as it measures the degree to which the actual results are compared
with the set goals to improve performance. For example, if the organizational
goal is to improve the quality of service, then quality system is used to compare
the actual results with set quality standards to check what level of quality is
achieved. If the set goal is achieved, then the performance of the management
is surely improved, otherwise, there is a need to make changes to improve the
performance of the management.
2. Cut Cost And Increase In Productivity
If there is effective cost control system, then the cost of production is monitored and reduced at a certain level to ensure profitability and ultimately helps in increasing productivity by utilizing resources efficiently and effectively.
Importance of Controlling Function In Management
Controlling function is one of the best Fundamental Functions of Management
as this function works well then other three basic functions also works well as
in this function, we check whether our planning works well or not, whether the
tasks assign to each individuals on merit basis are performing and coordinating
with each other to achieve common goals or not and whether the guidance and
motivation given to people (to give direction and to stimulate their
performances) working in the organization work effectively or not? After the
evaluation process, take necessary to address the issues i.e., if the setting
goals are not achieved, adopt different strategies to achieve results, e.g.,
the set goal is to provide quality service, then hire professional good personality
persons who know how to operate the business operations and deal with customers
to satisfy them by solving problems as soon as possible.
The option A is related with Planning Function of management.
The option B is concerned with Competitive Advantage.
The option D is related with Personality Assessments to make improvements
in HRM (Human Resource Management) system, i.e., better way to hire candidates,
recruit, select and compensate employees, of an organization.
The option E shows Motivation Function of Management.
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