Question

Madhuban Ltd is a small scale business unit manufacturing incense sticks and cones. The standard output for a worker engaged in packaging of incense cones is 500 units in one day. But it is noticed that all the workers are able to perform at a much higher level as compared to the standard set. Therefore, the Supervisor decided to revise the standards . Identify the point of importance of controlling being highlighted in the above case.\

Answer 1

Answer:

X-axis=(5,0)   Y-axis =(0,5)

Comparing with (n,0)  and  (0,m)

n=5  and m=5

∴m+n=5+5=10

Answer 2

The importance is judging the accuracy of standards.

• Control management is critical to an organisation since it aids in the detection of mistakes and the implementation of remedial action.
• It also helps in judging the accuracy of standards and keeping project management on course.
• According to the necessity of controlling, Madhuban Ltd is clearly attempting to keep a close eye on the changes that are occurring in their organisation by monitoring the standards.
• The firm will be far more likely to achieve its objectives if the business has such a structure in place.

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