S3_L1: Controlling as a Managerial Function Flashcards
______ is a process of
Measuring performance & taking action to ensure desired results
Controlling
Planning moves (1)_____ into all the other functions, and controlling reaches (2)____ to the plans
- forward
- back
The following are true regarding controlling, EXCEPT:
A. Measuring & correcting the activities of the organization
B. Final activity in the functional chain of management activities
C. Ensures that plans are being appropriately implemented
D. A part of monitoring function
E. None
B. Final activity in the functional chain of management activities
Which of the following is not the purpose of controlling:
A. Making Efficient use of Resources
B. Ensuring Organizational Stability
C. Facilitating Coordination in Action
D. Judging Accuracy of Standards
E. Accomplishing Organizational Goals
B. Ensuring Organizational Stability
TRUE OR FALSE: Goals are the “be all and end all” of the organization
True
TRUE OR FALSE: Standards need to be modified depending on the external factors
True
This is a prerequisite of control that comprises of job description and organizational charts as a result of the organizing function
Organizational structure
Enumerate the TOOLS of Control.
- Information Control
- Financial Control
- Operational Control
- Behavioral Control
Enumerate the TYPES of Control.
- Concurrent Control
- Feedforward Control
- Feedback Control
- Apply to processes as they are happening
- Measure the quality of results after the process is completed
- Used to guide future planning, inputs, and process designs
- Focus on operations before they begin
- Goal is to prevent anticipated problems
A. Concurrent Control
B. Feedforward Control
C. Feedback Control
- A
- C
- C
- B
- B
- Monitoring of ongoing operations to ensure that they are being done according to plans
- Used for rewarding, disciplining, training, or promoting individuals
- Also known as Yes-No Controls
- Prevent problems from becoming worse
- Designed to ensure that work activities produce the correct results.
A. Concurrent Control
B. Feedforward Control
C. Feedback Control
- A
- C
- A
- A
- A
Assess how efficiently and effectively an organization’s transformation processes create goods and services
A. Information Control
B. Financial Control
C. Operational Control
D. Behavioral Control
C. Operational Control
Budget and Audits
A. Information Control
B. Financial Control
C. Operational Control
D. Behavioral Control
B. Financial Control
Total quality management (TQM) that uses statistical process control
A. Information Control
B. Financial Control
C. Operational Control
D. Behavioral Control
C. Operational Control
Facilitate achieving the organization’s profit motive by monitoring and controlling the direction, allocation, and usage of its financial resources
A. Information Control
B. Financial Control
C. Operational Control
D. Behavioral Control
B. Financial Control
Utilizes performance appraisal, direct supervision, & disciplinary sanctions.
A. Information Control
B. Financial Control
C. Operational Control
D. Behavioral Control
D. Behavioral Control
A set of systems and procedures that gather data from a range of sources, compile it and present it in a readable format.
Management Information System (MIS)
A plan expressing the projected activities of the organization in numerical terms
Budget
Is a formal, structured system that compares employee performance to established standards.
Performance appraisal
A behavioral control technique used by the supervisor to give on-going guidance & instruction
Coaching
A process through which one person helps another by purposeful conversation in an understanding atmosphere.
Counseling
corrective actions taken by a supervisor when an employee does not abide by organizational rules and standards
Disciplinary sanctions
______ are an informal approach to resolving conflicts
Grievances
Examination and verification of accuracy records
Audits
________ by _____ attempts to control only deviations that go beyond a specific limit
Management by Exception
Enumerate the 2 types of standards of performance.
- Quantitative
- Qualitative