Process of Controlling in Management

Measurement of Actual Performance 3. The controlling process in business management is when managers set measure and refine their business operations and manage cost control.

Management Processes

Comparing Performance against Standards and Analysing Deviations 5.

. Taking Corrective Action if Needed. Some of the essential steps of controlling process as studied under Business Management are. Determining Performance Measurements 3.

By using a controlling process a company can navigate changes to the supply chain customer demand and other variables that impact a companys livelihood. Setting Performance Standards 2. The process of controlling in management consists of four steps.

This article throws light upon the five important steps involved in organisational control process. All of these steps are necessary to be followed in order to control effectively. 1 Formation of standards.

The manager first prepares a report stating the standards expected from the project given to employees. Controlling Process consists of following systematic steps. The first step of the controlling process is the formation of standards.

Its a critical task in keeping any business. Comparing Actual Performance with Standards 4.

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