Question

Write only a word or a phrase or a term which can substitute the following statement.
An end function where the performance is evaluated in accordance with the plan.

Answer 1

Controlling is the end function of management where the evaluation of the performance is done in accordance with the plan. Controlling involves verifying whether everything occurs according to the planning adopted, directions issued and principles set. It measures the deviations of the actual performance from the standard performance and the reasons thereof. I t also consists of taking the corrective actions.