Top management plans for the entire organization. According to these plans the organizational………………

Class 12th BusinessStudies, Question -Top management plans for the entire organization. According to these plans the organizational structure is developed and staffed. In order to ensure that these plans are executed according to plans, directing is required. Any discrepancies between actual and realized activities are then taken care of at the stage of controlling. Name and explain the process highlighted above which started at the planning stage itself and is implicit and inherent in all the functions of management in an organization.

Question 1:Top management plans for the entire organization. According to these plans the organizational structure is developed and staffed. In order to ensure that these plans are executed according to plans, directing is required. Any discrepancies between actual and
realized activities are then taken care of at the stage of controlling. Name and explain the process highlighted above which started at the planning stage itself and is implicit and inherent in all the functions of management in an organization.

The correct answer is – The process highlighted above is called the “Management Control Process.” It is an ongoing, implicit, and inherent process that starts at the planning stage and is present in all the functions of management in an organization.

The management control process involves setting objectives, developing plans, allocating resources, directing activities, and monitoring performance to ensure that goals are met. It is a continuous process of feedback and adjustment that helps organizations to stay on track and achieve their desired outcomes.

In the planning stage, management sets objectives and develops plans to achieve them. The plans provide the framework for the allocation of resources, and the staffing of the organization. The directing function involves providing guidance and direction to employees to ensure that they carry out their activities in line with the plans.

Controlling involves monitoring performance and taking corrective action if there are any discrepancies between actual and realized activities. This helps to ensure that the organization is moving in the right direction and achieving its objectives.

In summary, the management control process is an ongoing process that helps organizations to achieve their objectives by setting plans, allocating resources, directing activities, and monitoring performance. It is implicit and inherent in all the functions of management in an organization.