Question : Performance report is a part of which step of controlling.
Option 1: Setting performance standard
Option 2: Measurement of actual performance
Option 3: Comparison of actual performance with standard
Option 4: Analysing deviations
Correct Answer: Measurement of actual performance
Solution : Comparison of actual performance with standard is the third step in the controlling process. Performance report is a part of second step of controlling that is measurement of actual performance. Hence option B is correct.
Question : What is the second step in the controlling process?
Question : What is the first step in the controlling process?
Question : What is the fourth step in the controlling process?
Question : What is the third step in the controlling process?
Question : Personal observation, sample checking, performance report, etc are the several techniques used to measure performance. A performance should be measured in the same unit in which standard are set. Which process of controlling is involved here?
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