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Question:

What is the importance of ‘setting standards’ in the controlling process?

Answer:

Setting standards is crucial in the controlling process because it provides a benchmark for evaluating performance. Standards can be quantitative (e.g., costs, production levels) or qualitative (e.g., customer satisfaction, product quality). Well-defined standards ensure that performance measurements are objective, helping management identify deviations clearly. Moreover, without standards, the effectiveness of the control function diminishes, as there is no clear criterion for comparison.


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  • Answered by Ekta Mehta
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  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

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