Question

Which of the following steps in the Controlling process state that comparison becomes easier when standards are set in quantitative terms?

Options

• Analysing deviations

• Measurement of actual performance

• Comparing actual performance with standards

• Setting performance standards

Answer 1

Comparing actual performance with standards

Explanation - 

This step involves comparing real results to the benchmark. This comparison will illustrate the difference between the actual and desired outcomes. When standards are stated in quantitative terms, comparison becomes easy.