Business Studies, asked by rajashekharajnraj, 6 hours ago

45. Which is the ability to establish standards of performance for each organization a) The essence of control b) The purpose c) The implementation d) Role of direction ​

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Answered by kripa4636
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Answered by Hansika4871
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The essence of control is the ability to establish standards of performance for each organization.

  • Controlling is a function of management that involves identifying errors and taking corrective action.
  • The steps involved in controlling are (1) establishing standards, (2) measuring performance, (3) comparing performance to standards, and then (4) taking corrective action as needed.
  • Hence, the ability to establish standards of performance for each organization is the essence of control.
  • The purpose of controlling is not only establishing standards but other things as well. Hence, option B is incorrect.
  • The implementation of control is not establishing standards of performance for each organization. Hence, option C is incorrect.
  • The ability to establish standards of performance is not a role of direction.
  • Direction involves guiding and inspiring subordinates to achieve organizational goals as well as helping in achieving individual goals. Hence, option D is incorrect.
  • Thus, the essence of control is the ability to establish standards of performance for each organization.

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