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Question

Identify the correct sequence of the steps involved in the controlling process.


A

Comparison of actual performance with standards, Setting performance standards. Measurement of actual performance, Analysing deviations, Taking corrective action

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B

Comparison of actual performance with standards, Setting performance standards. Analysing deviations, Measurement of actual performance, Taking corrective action

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C

Taking corrective action, Measurement of actual performance, Comparison of actual performance with standards, Analysing deviations, Setting performance standards

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D

Measurement of actual performance, Taking corrective action, Setting performance standards, Comparison of actual performance with standards, Analysing deviations

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Solution

The correct option is C

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.


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