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

Statistical Process Control (SPC), I have an excel assignment for the SPC, ...

I have an excel assignment for the SPC, so I want to know if you could do it and how much will it cost?

Explain assignment of contract rights, What is the difference between assig...

What is the difference between assignment of contract rights and delegation of contract duties? Illustrate your answer with examples.

Explain advantages of budgets, Explain advantages of budgets. Advantag...

Explain advantages of budgets. Advantages of Budgets: (i) Actions plans and policy taken are all reflected into the budgetary control system. Now here is a formal recognit

Participation - types of managerial tactic, Participation - Types of Manage...

Participation - Types of Managerial Tactic The participative manager initiates the planning and strategic imperative and involves group participation. Usually from carefully s

Explain non-web-based international expansion strategies, Why is it that sm...

Why is it that small businesses are at a disadvantage as they pursue non-Web-based international expansion strategies?

Explain what is the probability that both are successful, DO NOT WORK A com...

DO NOT WORK A company is considering producing two new electronic games designed for the popular Gameboy toy. Based on market data, management believes there is a 60 percent chance

LINE BALANCING, . What do you understand by “line balancing”? What happens ...

. What do you understand by “line balancing”? What happens if balance doesn’t exist?

Process of procurement of raw material and components, Explain the process ...

Explain the process of the procurement of raw material and components. Managing the procurement of raw material and components into the production process of an organisation ca

Explain what could go wrong as a result, Imagine the worst possible reports...

Imagine the worst possible reports from a system. What is wrong with them? List as many problems as you can. What are the consequences of such reports? What could go wrong as a res

Explain levels of management by management skills, Explain levels of Manage...

Explain levels of Management by Management Skills. Management Skills needed successful manager, be categorized as given below: Technical skill refers to the pro

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