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The document outlines the steps in the controlling process: 1) Establishing standards of performance - setting targets and goals that employees and departments need to achieve. 2) Measuring actual performance - collecting data on what was actually achieved. 3) Comparing actual performance with standards - analyzing any deviations between the targets and actual results. 4) Taking corrective action - addressing any deviations by determining their causes and taking steps to align actual performance with standards.






