Practicing Success
Arrange the Controlling Process in sequence : (A) Measurement of Actual Performance (B) Taking Corrective Action (C) Analysing Deviations (D) Comparison of Actual Performance with Standards (E) Setting Performance Standards Choose the correct answer from the options given below : |
(A), (B), (C), (D), (E) (E), (D), (C), (B), (A) (B), (A), (C), (E), (D) (E), (A), (D), (C), (B) |
(E), (A), (D), (C), (B) |
The correct answer is option (4) : (E), (A), (D), (C), (B) The correct sequence of the Controlling Process is as follows: (4) (E), (A), (D), (C), (B) Setting Performance Standards (E): The first step in controlling is to establish clear and measurable performance standards. These standards serve as a benchmark for evaluating performance. Measurement of Actual Performance (A): After setting standards, you need to measure the actual performance. This step involves gathering data and information on how well the activities and processes are actually performing. Comparison of Actual Performance with Standards (D): Once you have measured the actual performance, you compare it to the established standards. This comparison reveals any deviations or differences between what was planned and what has been achieved. Analysing Deviations (C): After identifying deviations, the next step is to analyze the reasons behind these variations. This analysis helps in understanding the causes of the deviations and whether they are within acceptable limits. Taking Corrective Action (B): Based on the analysis of deviations, corrective actions are implemented to bring the actual performance back in line with the standards. These actions aim to address issues, improve performance, and prevent similar deviations in the future. |