Difference between revisions of "Controlling"
MariamKhalid (talk | contribs) |
|||
| Line 6: | Line 6: | ||
According to [[Management by Robbins and Coulter (14th edition)]], | According to [[Management by Robbins and Coulter (14th edition)]], | ||
:[[Controlling]]. [[Management function]] that involves monitoring, comparing, and correcting work performance. | :[[Controlling]]. [[Management function]] that involves monitoring, comparing, and correcting work performance. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Controlling]]. One of management's primary respon sibilities; evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals. | ||
==Types== | ==Types== | ||
| Line 15: | Line 17: | ||
*[[Controlling Quarter]]. | *[[Controlling Quarter]]. | ||
| − | [[Category:Management]][[Category: Septem Artes Administrativi]][[Category: Articles]] | + | [[Category:Management]][[Category: Septem Artes Administrativi]][[Category: Articles][[Category: Accounting]]] |
Revision as of 12:08, 14 July 2020
Controlling is the management function that involves comparing actual work performance with planned one, analyzing variances, evaluating possible alternatives, and suggesting appropriate corrective actions as needed.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Controlling. Monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.
According to Management by Robbins and Coulter (14th edition),
- Controlling. Management function that involves monitoring, comparing, and correcting work performance.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Controlling. One of management's primary respon sibilities; evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.
Types
- Feedback control. Control that takes place after a work activity is done.
- Concurrent control. Control that takes place while a work activity is in progress.
- Feedforward control. Control that takes place before a work activity is done.
Related lectures
- Controlling Quarter.[[Category: Articles]]
