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70
Describe the steps of a control process.
Step 1:
Establish the standards of performance, goals, or targets
against which performance is to be evaluated
Step 2:
Measure actual performance
Step 3:
Compare actual performance against chosen
standards of performance
Step 4:
Evaluate the result and initiate corrective action if
the standards not being achieved
Establish the standards of performance, goals, or targets
against which performance is to be evaluated
Step 2:
Measure actual performance
Step 3:
Compare actual performance against chosen
standards of performance
Step 4:
Evaluate the result and initiate corrective action if
the standards not being achieved
Flashcard info:
Author: Egregius
Main topic: BWL
Topic: Personalwirtschaft
School / Univ.: Universität Mannheim
Published: 11.03.2010