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State with Reasons Whether the Following Statement True Or False. Planning and Controlling Are Interdependent and Interlinked Activities. - Organisation of Commerce and Management

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Question

State with reasons whether the following statement TRUE or FALSE.

Planning and controlling are interdependent and interlinked activities.

Options

  • True 

  • False 

MCQ
True or False
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Solution

Planning and controlling are interdependent and interlinked activity – True
Explanation: Planning and controlling are closely interrelated functions of management. On one hand, planning decides the objectives to be achieved and the course of action to be followed. On the other hand, controlling is a process of managing and evaluating the work done in accordance with the standards and taking corrective measures if there are any deviations. The standards that form the basis of controlling are provided by planning. Thus, it can be said that planning and controlling complement each other.

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Chapter 7: Functions of Management - True or False [Page 174]

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