What is the process of setting standards,receiving feedback on actual performance,and taking corrective action whenever actual performance deviates significantly from planned performance?
A)monitoring
B)control
C)eye balling
D)comparing

Question

Quizplus · Accepted Answer

The process described in the question is the process of control. It involves setting standards or goals, monitoring actual performance, receiving feedback on the performance, and taking corrective action to ensure that actual performance matches planned performance. This is an essential process in any organization to ensure that resources are being used effectively and efficiently towards achieving organizational goals.

What Is the Process of Setting Standards,receiving Feedback on Actual