4. Controlling It involves establishing performance standards by making sure that the performance of employees is as per the plan. Controlling is both a managerial function and a continuous process where the manager: (a) gathers information that measures performance; (b) compares present performance to pre-established performance norms; and (c) determines the next action plan and modifications for meeting the desired performance parameters. https://www.canva.com/design/DAEBLMG3Y!4/ 09NaxNaEmCEVWyZTSU7kO/edit?category=tA CFatfuXcol

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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1. Study the picture below and tell why it is a Controlling managerial function illustrated. Explain it for atleast 100 words.
4. Controlling
It involves establishing performance standards by making sure that the
performance of employees is as per the plan. Controlling is both a managerial function
and a continuous process where the manager: (a) gathers information that measures
performance; (b) compares present performance to pre-established performance
norms; and (c) determines the next action plan and modifications for meeting the
desired performance parameters.
Transcribed Image Text:4. Controlling It involves establishing performance standards by making sure that the performance of employees is as per the plan. Controlling is both a managerial function and a continuous process where the manager: (a) gathers information that measures performance; (b) compares present performance to pre-established performance norms; and (c) determines the next action plan and modifications for meeting the desired performance parameters.
https://www.canva.com/design/DAEBLMG3Y!4/
09NaxNaEmCEVWyZTSU7kO/edit?category=tA
CFatfuXcol
Transcribed Image Text:https://www.canva.com/design/DAEBLMG3Y!4/ 09NaxNaEmCEVWyZTSU7kO/edit?category=tA CFatfuXcol
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