Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

Remedial actions taken to prevent deviation in future is called..................

Options:

Measurement of actual performance

Taking corrective actions

Analyzing deviations

Setting performance standards

Correct Answer:

Taking corrective actions

Explanation:

The correct answer is option 2- Taking corrective actions.

Remedial actions taken to prevent deviations in the future are called "taking corrective actions."

Taking Corrective Action: The final step in the controlling process is taking corrective action. No corrective action is required when the deviations are within acceptable limits. However, when the deviations go beyond the acceptable range, especially in the important areas, it demands immediate managerial attention so that deviations do not occur again and standards are accomplished. Corrective action might involve training of employees if the production target could not be met. Similarly, if an important project is running behind schedule, corrective action might involve assigning of additional workers and equipment to the project and permission for overtime work. In case the deviation cannot be corrected through managerial action, the standards may have to be revised.