the process of monitoring comparing and correcting is called
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The process of monitoring comparing and correcting is called 'Controlling'.
Explanation:
There are four critical functions of any management. They are as follows:
Planning - Create a vision and set objectives and goals.
Organizing - Take steps to accomplish the planned goals, design a structure and allocate human resources.
Leading - Take measures to guide the resources in attaining the goal.
Controlling - Monitor the tasks performed, compare with previous results and take corrective action.
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