Question

is the step in the controlling process where standards may have to be revised in case the deviation cannot be corrected through managerial action.

• A. Setting Performance Standards
• B. Measurement of Actual Performance
• C. Comparing Actual Performance with standards and analysing deviation
• D. Taking Corrective Action

Hint:

Effective corrective action focuses on identifying root causes and implementing solutions to align performance with standards.

Answer 1

The Correct Option is D

Corrective action entails implementing required changes when substantial discrepancies arise that managerial interventions cannot resolve. This procedure guarantees adherence to performance benchmarks and averts recurrent deviations.