Replacing obsolete machinery with a Hi-Tech machine to address slow production is Taking Corrective Action. This is the final step of controlling where management takes remedial measures to correct deviations from standards.
A company has replaced their obsolete machinery with a Hi-Tech machine as it could not achieve its target in the previous month due to slow…
CUET UG 2023 — Business Studies Business Studies
2023mcqeasy
A company has replaced their obsolete machinery with a Hi-Tech machine as it could not achieve its target in the previous month due to slow production process. Which step in the process of controlling is executed by the company?
Official previous-year question
Held on 29 May 2023 · Verified 13 Jul 2026.
Options
- A
Measurement of actual performance
- B
Comparing actual performance with standards
- C
Analysing deviations
- D
Taking Corrective action
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