Management Finance - Part 1

Which statement about control is most appropriate from a modern management perspective?

Type: MCQ • Marks: 1
Which statement about control is most appropriate from a modern management perspective?
Options
A. Control is primarily punitive
B. Control is mainly intended to identify and punish employees
C. Control provides information for corrective action, learning and improved future performance
D. Control eliminates the need for managerial judgement
Explanation
Modern control is not merely fault-finding. It is a feedback mechanism supporting organisational learning and improvement.
UPSC Principal & Vice Principal Management Finance Administration

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