Establishing standards,comparing
actual results with standards and
taking corrective actions are the
steps included in the process of
a. organising
b. staffing
c. motivation
d. control
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d. control
Controlling is the activity of evaluating real to expected progress and taking corrective action. Cost control is the process of establishing criteria and comparing the actual performance to those standards in order to keep costs under control. The method of identifying and cutting corporate expenses in order to increase profits is known as cost control, and it begins with the budgetary process. Setting standards, monitoring actual performance, and taking remedial action in decision-making are all examples of managerial control.
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