Which of the following consists in knowing the extent to which actions are in conformity with plans adopted and instructions issued so that errors and deviations are promptly reported and analyzed, and suitable corrective actions taken?

Forecast

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Planning

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Controlling

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Decision

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Controlling
Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference.

Suggest Corrections

Similar questions

Q13. Consider the following statements about Prompt Corrective Action, or PCA:

1. It is meant to assess, monitor, control and take corrective actions on banks which are weak and troubled.

2. The process or mechanism under which such actions are taken is known as Prompt Corrective Action, or PCA.

Which of the following statements are correct?

Join BYJU'S Learning Program