Read the following passage and answer the question. Bira Machines Limited is engaged in manufacturing of machine components. The company has planned to venture into automobile parts as well for which, it started doing the market research. The target production for machine parts is 500 units per day per worker. The company had been successfully attaining this target until three months ago. The company follows a practice where only significant deviations from a budget or plan are brought to the attention of management. Over the last four months, it has been observed that daily production varies between 450-460 units per day per worker. Management called the supervisor and asked him to find out the reasons for low productivity. CCTV cameras were installed to keep a check on employees. It was found that some of the workers used to spend more time for lunch than allotted. The report for the same was prepared and submitted by the supervisor to the management. |
"Over the last two months, it has been observed that daily production varies between 450-460 units per worker". Which step of one of controlling process has carried out by the company here? |
Setting Objectives Measuring Actual Performance Analysing Deviations Taking corrective action |
Measuring Actual Performance |
The correct answer is option 2- Measuring Actual Performance. In the given context, where it is observed that daily production varies between 450-460 units per worker, the step of management being carried out is Measuring Actual Performance. |