Identify the correct sequence of controlling process in management:

(A) Deviation analysis

(B) Setting standards

(C) Comparison of actual performance with standards

(D) Performance measurement

Choose the correct answer from the options given below:

Option 1 -> (B), (D), (A), (C) - This sequence places deviation analysis before comparing performance with standards, which is illogical as you cannot analyze deviations without first making the comparison.

Option 2 -> (B), (C), (D), (A) - This sequence attempts to compare performance with standards before actually measuring the performance, which is not possible.

Option 3 -> (B), (D), (C), (A) - This follows the logical flow: first setting standards, then measuring actual performance, comparing it with standards, and finally analyzing deviations.

Option 4 -> (B), (C), (A), (D) - This sequence places comparison and deviation analysis before performance measurement, which defies the logical sequence of control.

Hence, Option 3: (B), (D), (C), (A) -> The controlling process follows a systematic sequence: (B) Setting standards establishes benchmarks, (D) Performance measurement captures actual results, (C) Comparison identifies gaps between actual and standard performance, and (A) Deviation analysis examines the causes and significance of these gaps -> correct