About this document
Controlling Process in Management by Maritoni Mercado is a document available to read on EtoBox.
Controlling involves measuring performance against objectives, identifying deviations, and taking corrective action. It includes setting standards, measuring actual performance, comparing the two, and remedying unfavorable deviations. Standards can be physical, cost-based, related to capital or revenues, or program-focused. Budgeting is a key control method that compares planned and actual results. Effective control systems have valid standards, provide adequate information to employees, and are acceptable
- Author
- Maritoni Mercado
- Language
- EN