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

Explain a product at each stage of the plc, Using the product life cycle, d...

Using the product life cycle, describe a product at each stage of the PLC and support your choice.

Describe new technologies, "New Technologies" Please respond to the followi...

"New Technologies" Please respond to the following: •Analyze the recent applications of electronic data interchange in the health care field and determine which is the most promisi

Explain which an organization can be engaged be engaged, The categories of ...

The categories of global participation in which an organization can be engaged be engaged

How to formulate a linear programming model, George Johnson recently inheri...

George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment optio

Explain successful in developing a business model, Do you anticipate that F...

Do you anticipate that Facebook will ever be successful in developing a business model that monetizes their site traffic even further? When they had their public offering, the valu

Explain how many items need to be counted each day, Howard Electronics, a s...

Howard Electronics, a small manufacturer of electronic research equipment, has approximately 7,000 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Jo

What is acquisition management, In your own words, what do you think acquis...

In your own words, what do you think acquisition management is and what are your impressions on how it is done in the DoD?

Describe what can i do, I just order a book and the eReader will not open. ...

I just order a book and the eReader will not open. It shows opening book, but it will not load. What can I do?

Way for establishing whether disparate impact exists, One method for establ...

One method for establishing whether disparate impact exists in a company's hiring practices involves

How developing a strategic plan for a company, Analyze the steps involved i...

Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale

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