Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
Which step of controlling comes before "measurement of actual performance"?
Options:
Setting Performance Standards
Analyzing deviations
Taking Corrective Action
Comparing actual performance with standards
Correct Answer:
Setting Performance Standards
Explanation:
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