The process of setting standards, receiving feedback on actual performance, and taking corrective action whenever actual performance deviates significantly from planned performance.
A)Control
B)Monitoring
C)Eye balling
D)Comparing

Question

Quizplus · Accepted Answer

The described process involves setting standards (establishing expectations for performance), monitoring actual performance (measuring and evaluating performance against those standards), and taking corrective action when necessary (making adjustments to bring performance back in line with expectations). This process is commonly known as control, which involves the ongoing activities of measuring, comparing, and adjusting in order to achieve organizational goals.

The Process of Setting Standards, Receiving Feedback on Actual Performance