Explanation
A group decision support system is an interactive computer-based system. It facilitates a number of decision-makers who are working together in a group to find solutions to problems that are unstructured in nature. They take input from multiple users interacting simultaneously with the systems to arrive at a decision as a group. Also, the tools and techniques provided by them improve the quality and effectiveness of the group meetings.
Hence, option (D) is the correct answer.
Management by objectives is a way of managerial control where management of people and work is done by keeping in mind the objectives of the business and preparing controlling analysis from time to time to judge the accuracy of the initially set standards. In such a process, the employees prepare their own performance appraisal to match it with the standards set by their supervisors. Therefore, management by objectives is democratic.
Management by objectives is a way of managerial control where management of people and work is done by keeping in mind the objectives of the business and preparing controlling analysis from time to time to judge the accuracy of the initially set standards. Such techniques of managerial control are very useful in profit planning as they judge the accuracy of the plan from time to time.
Hence, option (C) is the correct answer.
Management by objectives is a way of managerial control where management of people and work is done by keeping in mind the objectives of the business and preparing controlling analysis from time to time to judge the accuracy of the initial set standards. In such a process, the employees prepare their own performance appraisal to match it with the standards set by their supervisors.
Hence, option B is correct.
Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. The main objectives of an efficient controlling system are:
1. Making efficient use of resources
2. Helps in achieving organisational objectives
3. Judging the accuracy of standards
4. Facilitate coordination in action.
Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. The features of controlling are:
1. It takes place at every managerial level
3. It is a continuous process due to its effective relation with planning
Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. The importance of controlling areas are:
4. Facilitate coordination in action
Therefore, it does not deal with the issues of managerial authority.
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