Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
The comparison of actual performance with the planned performance becomes easier if the standards are set in which of the following?
Options:
Qualitative terms
Quantitative terms
Either of the above
None of the above
Correct Answer:
Quantitative terms
Explanation:
At the time of setting standards, a manager should try to set standards in precise quantitative terms as this would make their comparison with actual performance much easier.