Four steps in The Control Process

Topic 

Four steps in The Control Process

Instructions 

Describe the four steps in the control process and the way it operates over time.  What do you need to watch out for as time goes on?

Answer Preview 

During the third step, the company establishes whether the performance matches the set standards.  The step that involves the comparison of the estimated results with the set standards is simple but crucial in the control procedures. Notably, if the performance concurs with the standards then it is conclusive that the operations are under control. In the case, the managers do need to review the company’s operations. The fourth step concerns the implementation of corrective measures and it is vital when the performance does not match the set standards.

Word Count: 300