Explain what is controlling, Operation Management

Assignment Help:

Explain what is Controlling.

Controlling is defined as which managerial function that seeks to ensure an absolute conformity of actual performance through organizational personnel with the planned standards, to assist the most efficient and effective attainment of the enterprise objectives. It is the 'Central-tendency point' in the performance of managerial functions. This makes a bridge among standards of performance and their realistic attainment. This is a pervasive managerial exercise. It implies a follow-up action to other managerial functions. Controlling is based on information feed-back. Controlling is a continuous managerial exercise. The steps involved in it are:-

  • Purpose of standards of performance.
  • Actual performance measurement.
  • Comparison of actual performance along with standards.
  • Analyzing the causes of deviation.
  • Undertaking appropriate remedial action to accurate the deviation.

The main objective of controlling is to bring the actual operational performance of the enterprise on the accurate track as per standards of control. It infuses confidence into the operational life of the enterprises. It enhances managerial decision-making. It assists in attaining maximum production at minimum cost. This is a moral check on employees. This judges managerial competence. This aids delegation and decentralization of authority.


Related Discussions:- Explain what is controlling

Transportation, I have a transportation problem which is given below: The ...

I have a transportation problem which is given below: The sunshine tomato soup shippers produce tomato soup at three west coast canneries in Bakersfield, phoenix, and Eugene. The

Determine whether ability and motivation is more important, Determine wheth...

Determine whether ability or motivation is more important in selecting the right person for the right job. Explain your rationale.

Explain relevance in the departmentclosing decision, Toon Town Toy Company ...

Toon Town Toy Company is considering the elimination of its Packaging Department. Management has received an offer from an outside firm to supply all Toon Town's packaging needs. T

Describe strategic goal and plan evaluation, Strategic Plan For this ass...

Strategic Plan For this assignment, you will need to choose a company that you have familiarity with or knowledge of their corporate structure and strategies. You may choose to

Explain the case of ellen moore living and working in korea, The case of El...

The case of Ellen Moore (A) Living and Working in Korea. Look at this case from the point of view of Andrew Kilpatrick. At this point in time, what would you do if you were Andrew?

Explain government use to facilitate economic development, Reflect upon the...

Reflect upon the IT strategies that are used to encourage economic development. Select two strategies and discuss how economic factors affect the strategies that a government may u

Explain is not one of the three types of specifications, Which of the follo...

Which of the following is not one of the three types of specifications discussed in the text? Answer Design specifications Material specifications Performance specifica

Explain common challenges of managing projects, Discuss common challenges o...

Discuss common challenges of managing projects and the value of effective management to an organization

Describe what is the probability that you will make money, The owner of Fir...

The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50000. He figures it will cost an additional $100 per cord to purchase and split wood w

Explain scope for the improvement of the hr management, We, on behalf of In...

We, on behalf of Infovision feel that we could demonstrate certain improvement over our previous quarters. Our manufacturing productivity stands on a position of number two in the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd