If there is no plan what will be the biggest problem in controlling?
Answer and explanation
Correct answer: Clear standards will not be available
In the controlling process, actual performance is compared with predetermined standards. Planning sets objectives and standards; without it, it is difficult to judge whether performance is as expected. Option C is incorrect because comparison becomes difficult, not easy, when clear standards are absent. Exam tip: Remember that planning is the basis of controlling because it provides the standards for control.
Frequently asked questions
What is the correct answer to this question?
Clear standards will not be available
Why is this the correct answer?
In the controlling process, actual performance is compared with predetermined standards. Planning sets objectives and standards; without it, it is difficult to judge whether performance is as expected. Option C is incorrect because comparison becomes difficult, not easy, when clear standards are absent. Exam tip: Remember that planning is the basis of controlling because it provides the standards for control.
Which subject and chapter does this question cover?
This is a Class 12 Business Studies question. Chapter: Planning. Topic: Importance of planning.