1.
Define Control.
Ans.
Management control is the process by which managers assure that resources are
obtain and used effectively in accomplishment of the organization’s objective.
2.
What are the various stages in control processing?
Ans. The following are the stages
involved on the process of control
a.
Establishment
of standards
b.
Measurement
of Actual performance and making comparisons
c.
Finding
out deviations
d.
Taking
corrective action.