Our text defines the four functions of a management as Planning, Organizing, Lea

Question

Our text defines the four functions of a management as Planning, Organizing, Leading and Controlling.  Briefly put, the plan states the desired outcome or goal and the process for achieving it.  Control is the regulation of organizational activities and processes in such a way as to facilitate goal attainment.  Assume that you are a manager of a business.  State the type of business you are managing (it can be any business you choose).  Give two examples of controls that you would implement in the business and how they could facilitate goal attainment.              (Points : 20)             

Explanation / Answer

Controlling involves setting of standards and measuring performance against them.

Also that, deviations from goals are identified immediately and corrected. Controls that I would implement will be performance appraisal and variance analysis

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