1. Management and the Control Process
... measure actual performance, compare actual performance against a standard, and take managerial action to correct deviations or inadequate standards. Of course the control process assumes that standards already exist and these standards are specific goals created during the planning process against which performance progress can be measured. The first of the three steps is measuring what actual performance is. Four common sources are ... like statistical reports can be slower yet more formal and this works to create a report that is more comprehensive and concise than other reports. The ...
- Word Count: 428
- Approx Pages: 2
- Grade Level: Undergraduate