Identify the correct sequence of the steps involved in the controlling process.
Taking corrective action, Measurement of actual performance, Comparison of actual performance with standards, Analysing deviations, Setting performance standards
Answer (c) Setting performance standards, Measurement of actual performance, Comparison of actual performance with standards, Analysing deviations, Taking corrective action
Explanation: Controlling means guaranteeing that activities in an organisation are proceeded according to the plans. Controlling likewise guarantees that an association’s assets are being utilised adequately and productively for the accomplishment of desired objectives. The correct steps involved in the controlling process are Setting performance standards, Measurement of actual performance, Comparison of actual performance with standards, Analysing deviations, and taking corrective action.