To determine the correct sequence of the controlling process, let's break down each step and understand its logical order:
Setting up Standards (C)
First Step: The controlling process begins with setting up standards or benchmarks against which performance will be measured. These standards define the expected level of performance and provide a clear target for employees.
Measurement of Actual Performance (B)
Second Step: After setting up standards, the next step is to measure the actual performance of employees or departments. This involves collecting data and monitoring activities to determine how well the organization is meeting its standards.
Comparison of Actual Performance with Standards (D)
Third Step: Once the actual performance is measured, it is compared with the set standards. This comparison helps identify any deviations or gaps between what was expected and what was actually achieved.
Analysing Deviations (A)
Fourth Step: If deviations are found, the final step is to analyze these deviations to determine their causes and take corrective action. This analysis helps in understanding the reasons behind the deviations and in making necessary adjustments to improve future performance.
Based on the logical order of the controlling process, the correct sequence is:
Setting up standards (C)
Measurement of actual performance (B)
Comparison of actual performance with standards (D)
Analysing deviations (A)
The correct answer is: (4) (C), (B), (D), (A)
This sequence follows the logical progression of the controlling process, starting with setting up standards, measuring actual performance, comparing it with standards, and finally analyzing any deviations.
Inspired by the success of Chandrayaan-3, the Chief Scientist at ‘Space Rover’ a private research group, decided to send some innovative ideas regarding the mission to the Chief Scientist of Chandrayaan-3. The Chief Scientist at ‘Space Rover’ formed four groups for the same. As it was an intellectual activity of thinking rather than doing, these four groups started interacting with each other and friendships developed. On the basis of their interaction and friendship, some members from each group formed ‘Entertainment Through Reading’ group which showed conformity in terms of their interest. ‘Entertainment Through Reading’ group had no written rules, was unstable in form and scope and had no fixed lines of communication. The members of this group enhanced the morale of each other, enjoyed drinking coffee together, read books, served different issues of their work areas and provided support to each other. Ultimately this group developed some innovative ideas which were sent by ‘Space Rover’ to the Chief Scientist of Chandrayaan-3. Though this group was formed for recreation but it contributed towards fulfillment of organisational objectives.
(a) Identify the function of management. Quoting the lines from the above para, explain the steps of the process of the function of management discussed.
(b) Also explain any two points of importance of the function of management identified in (a).