Question

Establishing accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals is part of the ________ task of management.

Answer 1

Controlling is the function being talked about here.

What does management's controlling function entail?

Controlling entails making sure that everything proceeds in accordance with the strategies chosen, the directives given, and the guidelines created.

Controlling ensures that resources are utilized effectively and efficiently inside the company in order to achieve the desired outcomes. Controlling helps with adjustments by measuring the gap between actual and expected performance, identifying the sources of such deviations, and determining the causes of such deviations.

Brech claims that "controlling is a systematic effort that is called as a process of assessing actual performance against the standards or plans with a view to capturing such experience as is achieved as a contribution to predicted future demands" in order to assure proper progress.

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