Question : Statement 1: Controlling involves setting performance standards.
Statement 2: Controlling involves evaluating employee performance.
Option 1: Both correct.
Option 2: Both incorrect.
Option 3: Statement 1 correct, Statement 2 incorrect.
Option 4: Statement 2 incorrect, Statement 1 correct.
Correct Answer: Statement 1 correct, Statement 2 incorrect.
Solution : The correct answer is (a) Both correct.
Statement 1 is correct. Setting performance standards is an integral part of the controlling function in management. Performance standards serve as the criteria against which actual performance is measured and evaluated.
Statement 2 is also correct. Part of the controlling function in management is the evaluation of employee performance. This evaluation is done by comparing actual performance against the established performance standards and taking corrective action as necessary.
Question : Statement 1: Effective controlling can lead to increased employee motivation.
Statement 2: Clear performance standards and feedback demotivate employees.
Question : Statement 1: Controlling is primarily concerned with predicting future outcomes.
Statement 2: Controlling involves analyzing past performance to improve future results.
Question : Which step in the controlling process involves taking corrective action?
Question : Statement 1: Control charts are tools used for assessing employee performance.
Statement 2: Control charts help in monitoring and controlling processes.
Question : Statement 1: Controlling is vital for achieving organizational objectives.
Statement 2: Controlling does not impact resource utilization.
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