List of top Business Studies Questions on Controlling

"Some times targets are set too high and can’t be achieved in current circumstances. Controlling helps in reviewing and revising them." Identify the importance of Controlling from the above statement.

Controlling is a systematic process involving sequential steps. Choose the correct sequence of Steps of Controlling Process.
(A) Analysing deviations
(B) Measurement of actual performance
(C) Setting performance standards
(D) Comparison of actual performance with standards

Choose the correct answer from the options given below:

Which of the following is not a limitation of Controlling?

Identify the correct sequence of Controlling process:
(A) Analysing deviations
(B) Measurement of actual performance
(C) Setting up standards
(D) Comparison of actual performance with standards

"Only a 5% increase in labor cost may be more troublesome than a 15% increase in postal charges."Identify the concept pointed out in the statement.