1. Management and the Control Process
... The second step in the control process is the comparing step and in this step managers measure the degree of variation between actual performance and the standard. To determine what is acceptable managers must establish a range of variation which is the acceptable parameters of the variance between actual performance and the standard. In this step managers are mainly concerned with the size and the direction of the ... variation. One should know that variation can be positive in effect. The ... last step in the control process is the step of taking managerial ... ...
- Word Count: 428
- Approx Pages: 2
- Grade Level: Undergraduate