Steps of the Control Process and Types of Control

Organizational Control Process
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Organizational Control Process
The first step of the control process is the establishment of performance standards. This step entails establishing the goals and expectations of how the company should carry out its activities. This step helps every company member to be at par with what the senior management envisions/ expects of them. The second step of the control process involves measuring actual performance (Bierman, 2016). In this step, quantitative measures are taken and recorded. These measures help determine whether the performance standards are being met. The third step involves comparing the actual performance to the standards. This comparison helps identify any gaps which can then be rectified in the next step. The fourth step is taking corrective action. If any gaps or excesses were...