Question types

Controlling question types

59 questions across 8 question groups — pick any mix to generate a Business Studies paper with step-by-step answer keys.

59
Questions
8
Question groups
5
Question types
Sample Questions

Controlling questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

In Controlling, actual performance is compared with
  • A
    Performance of other employees
  • B
    Performance of previous year
  • Planned Performance
  • D
    None of the above

Answer: C.

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Controlling is
  • A
    Backward looking function
  • B
    Forward looking function
  • Both backward as well as forward looking function
  • D
    None of the above

Answer: C.

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Under critical point, control manager
  • A
    Critically observes and takes action on every deviation
  • B
    Ignores deviation
  • Gives more importance to deviations taking place in key areas
  • D
    None of the above

Answer: C.

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Under management by exception manager
  • Set up a range and deviation with in the range are ignored and beyond range are taken seriously.
  • B
    All deviations are taken seriously
  • C
    Both (a) and (b)
  • D
    None of the above

Answer: A.

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Q 113 Marks Question3 Marks
"If anything goes wrong with the performance of key activities, the entire organisation suffers. Therefore, the organisation should focus on them." Explain the statement with a suitable example.
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Q 134 Marks Question4 Marks
ABC Ltd. is manufacturing auto spare parts on large scale. The company policy is that $3 \%$ of the daily production could be defective. Over last two months it is observed that about $10-12 \%$ of production is defective. Which function of management is required to correct the above case? State the procedure to be followed to correct the things.
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Q 156 Marks Question6 Marks
There are two managers Bhuvan and Rajiv. Bhuvan is saying 'Controlling is forward looking' but Rajiv is saying 'Controlling is backward looking'. Who is correct? Explain why?
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A company ' $M$ ' Ltd. is manufacturing mobile phones both for domestic Indian market as well as for export. It had enjoyed a substantial market share and also had a loyal customer following. But lately it has been experiencing problems because its targets have not been met with regard to sales and customer satisfaction. Also mobile market in India has grown tremendously and new player have come with better technology and pricing. This is causing problems for the company. It is planning to revamp its controlling system and take other steps necessary to rectify the problems it is facing.(a) Identify the benefits the company will derive from a good control system(b) How can the company relate its planning with control in this line of business to ensure that its plans are actually implemented and targets attained?(c) Give the steps in the control process that the company should follow to remove the problems it is facing.
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Jindal Ltd. could not achieve the target production of 15,000 cars p.a. It could produce only 14,125 cars-While analysing the reasons for deviations, it was found that workers were not efficient. Training programmes were organised and next year, company was able to produce 15,000 units. Production Manager is of the opinion that with this, management ends at controlling. Do you agree? Give reason to support your answer.Explain any four importance of controlling.
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