Professional Documents
Culture Documents
UNIT V: CONTROLLING
Introduction to Controlling - Basics, importance and process of control, controlling for organizational
performance, tools for controlling: feed-forward, concurrent and feedback controls, contemporary issues
in control - Managing Operations-What and why of Operations Management, Strategic Role of
Operations Management, Value Chain Management and its goal requirements, current issues -
Functional Areas of Management- 1. Marketing management 2.Financial management.
Course Outcomes:
The students after completing the course will be able to:
1. Understand the various concepts, approaches and theories of management in the real situation.
2. Analyse the concept of planning and apply on the decisions in strategicmanagement.
3. Compare organization structure designs and chart diligently with theoretical learning concepts.
4. Apply communication and theories of motivation in an organization.
5. Understand various tools for controlling organizational performance and apply to achieve the
corporate objectives.