Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
What is the last step in the controlling process?
Options:
Setting Performance Standards
Taking corrective action
Comparing actual performance with standards
Further planning in the light of analysis of deviations.
Correct Answer:
Taking corrective action
Explanation:
Controlling Process: Controlling is a systematic process involving the following steps. 1. Setting performance standards 2. Measurement of actual performance. 3. Comparison of actual performance with standards 4. Analysing deviations 5. Taking corrective action