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12th Standard CBSE Business Studies Unit 8 Controlling One Mark Question with Answer

Published on: 29/08/2019

Controlling

Download CBSE Class 12th Standard CBSE Business Studies question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 12th Standard CBSE Business Studies

Questions + Answers key

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Std: 12th Standard CBSE - Business Studies

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Questions:

1 Marks

7 x 1 = 7

What is meant by budgetary control?

What is the last step in the process of controlling?

What is the significance of standard?

Name the function which reviews the operations in a business unit.

Which function ensures accomplishment of work according to plans?

Which function of management ensures that actual activities confirm to planned activities?

Which function of management completes the management cycle?

Generic 3

2 x 3 = 6

What is feedback in controlling?

Explain the meaning of controlling.

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Answers Key:

1 Marks

7 x 1 = 7

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Budgetary control is a technique of managerial control in which all operations are planned in advance in the forms of budgets and actual results are compared with budgetary standards.

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Taking corrective action

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Helpful in analyzing deviation.

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Controlling

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Controlling

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controlling

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Controlling

Generic 3

2 x 3 = 6

To ensure that controlling function is effectively performed, there must be prompt flow of information to the manager about the actual performance. The necessary corrective actions must also promptly follow. Such a system of communication is called feedback in controlling. Feedback plays a very important role in the process of controlling. Without feedback, actual performance cannot be compared and no corrective action can be taken.

Controlling is the process of ensuring that actual activities conform to the standards set in advance so that organisational goals are achieved. In other words, controlling means ensuring that activities in an organisation are performed as per the plans. It ensures that the resources of an organisation are being used efficiently and effectively to achieve the predetermined goals and, thus, it is a goal-oriented proces.