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Name the function of management which helps in the formulation of future plans, in the light of the problems that were identified and thus, helps in better planning in the future period. -

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Question

Name the function of management which helps in the formulation of future plans, in the light of the problems that were identified and thus, helps in better planning in the future period.

Options

  • Planning

  • Organising

  • Directing

  • Controlling

MCQ

Solution

Controlling

Explanation -

Controlling is ensuring that an organization's actions are carried out according to its plans. Controlling also guarantees that an organization's resources are utilised effectively and efficiently in order to meet predefined objectives. 

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