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The video provides an overview of controlling, explaining its key concepts and importance in management. It highlights the role of controlling in ensuring that organizational goals are met efficiently and effectively.

Why is controlling considered a crucial function in management?

• It focuses on increasing production speed.

• It is primarily used for employee motivation.

• It ensures that organizational goals are achieved.

• It helps in planning future activities.

What is the first step in the controlling process?

• Evaluating results

• Measuring performance

• Taking corrective actions

• Setting standards

Which of the following is NOT a step in the controlling process?

• Measuring performance

• Taking corrective actions

• Recruiting employees

• Setting standards

Which type of controlling focuses on future activities?

• Feedback control

• Concurrent control

• Feedforward control

• Financial control

Which technique is commonly used for controlling in financial management?

• Budgetary control

• Quality control

• Production control

• Inventory control