Business studies -Class XII -Chapter-Controlling(Assignment)

1)‘Controlling is performed by all the managers at all levels.’ Which characteristic of controlling is being referred to in the given statement?

2)‘Controlling helps to avoid and minimise dishonest behaviour’. Which significance of controlling is being implied in the given statement?

3)‘This technique studies the relationship between costs, amount of sales and profits.’ Identify and explain briefly the technique of controlling that is being referred to in the given statement?

4)List  the significance of ‘Critical Point Control’ and ‘Management by Exception’ in an organisation.

5)‘It refers to a constructive appraisal of the overall performance of the management.’ Identify and explain the technique that is being described. State any one point highlighting the significance of the technique.

6)‘Controlling is the last function of management.’ Do you agree? Support your answer with appropriate reasons.

7)Mr. Kaalia, the Managing Director of MaC Ltd. had four managers under his supervision, who were responsible for controlling a staff of 200 workers of the company. All the four managers used to personally go and collect first-hand information regarding the performance of each employee. They were assigned the task of submitting an annual report of the performance of each worker by 14th of May. When the four managers could not submit the annual report on the due date, Mr. Kaalia rebuked and fired them from their duty. Identify and explain the technique of controlling that is being used by Mr. Kaalia in the given situation? Also, state the values that you think are deficient in the given situation?

8)‘Controlling, being a systematic process involves evaluating and assessing the progress of the work done against the set standards.’ Explain how controlling is a ‘systematic process’.

9)Which technique of analysing the deviations under controlling focuses on Key Result Areas (KRAs) ?

10)Due to a change in the technology, JK Enterprise had to shun its previous system of working and adopt a new system. As a result, the company was not able to effectively control the working. Identify the limitation of controlling that is being referred to in the given situation.

11)‘Budgeting highlights the interdependence between various departments of an organisation.’ Do you agree? Support your answer with appropriate reasons.

12)‘Assessing the returns that are generated from the capital is an effective technique of controlling.’ Identify and explain briefly the technique that is being referred?

13)Is controlling a goal-oriented function? Comment.

14)Danny, the production manager of DUGH Ltd., found that the production target is not being met on time. Thus, he took suggestions from his workers to improve the working efficiency. One of them suggested that new machinery should be assigned to them as the current equipments are outdated and inefficient. Keeping the suggestion in view, Danny brought new machinery and equipments for his workers. As a result of this, the working efficiency was doubled and the production target was met on time. Which step of controlling is being performed in the situation? Explain. Also, what values are involved in the given situation?

 15)In YR Ltd., it was observed that the production manager was unable to effectively formulate the plans for the next financial year. When he was questioned regarding this, he blamed the top managers for inconsistent controlling. Do you think the explanation given by the production manager is justified? Give suitable reasons to support your answer. Also, bring out the significance of effective controlling in an organisation.