Controlling is a systematic process involving five steps. "Comparing Actual Performance with Standards" is which step of controlling process?
Controlling is a systematic process involving five steps. "Comparing Actual Performance with Standards" is which step of controlling process?
Solution
Option 1 -> This would mean comparing performance is the first step, but the first step is actually setting performance standards.
Option 2 -> This would mean comparing performance is the second step, but the second step is actually measuring actual performance.
Option 3 -> This correctly identifies that comparing actual performance with standards is the third step, which comes after setting standards and measuring performance.
Option 4 -> This would mean comparing performance is the fourth step, but the fourth step is actually analyzing deviations.
Hence, Option 3 (Third step) -> In the controlling process, after setting standards (Step 1) and measuring actual performance (Step 2), the third step involves comparing the actual performance with the predetermined standards to identify any deviations or gaps -> correct
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