ATAR Notes: Forum

VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: jackinthepatch on April 02, 2009, 07:17:01 pm

Title: Definition of 'controlling'
Post by: jackinthepatch on April 02, 2009, 07:17:01 pm

I just want to know if my definition of controlling is good enough:

Controlling is the process by which management compares actual performance with planned performance. This comparison is used to identify whether or not organisational objectives are being acheived. When goals are not being met, controlling allows changes to occur so that actual performance can improve to become more aligned with planned performance.

Anything I should add or remove? Cheers :D

Title: Re: Definition of 'controlling'
Post by: shinny on April 02, 2009, 07:30:20 pm

Quote from: jackinthepatch on April 02, 2009, 07:17:01 pm

controlling allows changes to occur

Perhaps just fix your wording up there to perhaps 'controlling involves making changes to rectify any discrepancies between planned and actual performance so that...etcetc' since it was a bit ambiguous if you know what I mean =\ But yeh, that's just me being pedantic really...you'd still get full marks with your definition.

Title: Re: Definition of 'controlling'
Post by: jackinthepatch on April 02, 2009, 07:31:20 pm

Haha naa I can see what you mean, cheers mate, I'll take that on board.