Setting standards to compare actual performance with planned performance is the first step of the controlling process. Controlling involves measuring performance, comparing it with standards, analysing deviations, and taking corrective actions. Quantitative standards make the comparison easier and more objective.
Quantitative standards should be set so that it is easier to match the actual performance with the desired (planned) performance. Identify the…
CUET UG 2022 — Business Studies Business Studies
2022mcqeasy
Quantitative standards should be set so that it is easier to match the actual performance with the desired (planned) performance.
Identify the function of management discussed above.
Official previous-year question
Held on 6 Oct 2022 · Verified 13 Jul 2026.
Options
- A
Planning
- B
Controlling
- C
Staffing
- D
Directing
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