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 supply chain excellence, Discuss the four enablers of purchasing an...

Discuss the four enablers of purchasing and supply chain excellence.

Performance measurement in organisations, Performance Measurement 1. A...

Performance Measurement 1. An effective performance measurement framework rarely is derived from one single approach.  2. Each of the methods outlined comes with its own un

Explain simulation software such as crystal ball, Given the ease of use of ...

Given the ease of use of simulation software such as Crystal Ball, what other data used in project management should probably be simulated?

Explain what assignment minimizes the total traffic flow, Please kindly sho...

Please kindly show step by step solutions. Six processes are to be laid out in six areas along a long corridor at Linda Babat Accounting Services. The distance between adjacent

Explain free speech or false advertising, "Free Speech or False Advertising...

"Free Speech or False Advertising" Please respond to the following: •From the case study, determine if Nike engaged in commercial speech, or if its statements were political or soc

Describe what is role of a cio in todays global business, 1. What is the ro...

1. What is the role of a CIO in today's global business environment? 2. Dr. Carr presents a good argument in the "IT doesn't matter" reading. Present your view of Carr's central

Tobacco Auction Floor, How best can you increase efficiency of a tobacco au...

How best can you increase efficiency of a tobacco auction floor

Compute the upper and lower control limits, Mike is preparting the x-bar ch...

Mike is preparting the x-bar chart and the R chart for Uncle Ben's 2lb. box rice packaging line. Using the standard sample size of 9 items. Mike found the average range is .02 l

Compute the reorder point, The Norwitch Company uses a continuous review (s...

The Norwitch Company uses a continuous review (s, Q) system for inventory control.  Weekly demand for an item, Pressure Valve #5 (PV5), is distributed Normally with a mean and stan

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