It becomes very difficult to compare the actual performance with the predetermined standards

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One Word Answer

Give one Word/Phrase/Term for the following statement.

It is the process of comparing the actual performance with the predetermined standard performance.

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Solution

It is the process of comparing the actual performance with the predetermined standard performance. - Controlling

Concept: Concept of Functions - Controlling

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Chapter 2: Functions of Management - Exercise [Page 33]

Q 1) (C) 10)Q 1) (C) 9)Q 1) (D) 1)

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Balbharati Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board

Chapter 2 Functions of Management
Exercise | Q 1) (C) 10) | Page 33

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What is function of comparing the actual performance with the predetermined performance?

Ans:- Controlling is a function of comparing the actual performance with the predetermined Performance.

What is comparing actual performance with standards?

The process of comparing actual to planned performance and taking corrective action is called controlling.

Why it is important to compare the actual performance with the standard performance?

"Comparing the actual performance with the laid standards, finding out the deviations and taking corrective action is an important process of a function of management".