Each November, the top management team of Oracle Corporation sets the standards of performance against which the company's activities will be compared during the coming year. Setting standards of performance is the first step in the process of
A) management.
B) controlling.
C) leading.
D) organizing.
E) planning.

Question

Quizplus · Accepted Answer

Setting standards of performance is a key part of the controlling function in management. This involves establishing benchmarks or standards, against which actual performance can be compared in order to take corrective action if necessary.

Each November, the Top Management Team of Oracle Corporation Sets