Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
Yashu runs a logistic company. The Tour In charges of each trip in the company are expected to submit a report to the Event Manager on the completion of every trip. Identify the step in the controlling process being described in the above lines.
Options:
Setting of standards
Measurement of actual performance
Taking corrective action
Analyzing the deviations
Correct Answer:
Measurement of actual performance
Explanation:
Controlling Process: 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