Business Studies, asked by swathithodkar, 2 months ago

which is the ability to establish standards of performance for each organization

1. The essence of control
2. The purpose
3. The implementation
4. role of direction​

Answers

Answered by inder753
4

Answer:

Organizational control typically involves four steps: (1) establish standards, (2) measure performance, (3) compare performance to standards, and then (4) take corrective action as needed. Corrective action can include changes made to the performance standards—setting them higher or lower or identifying new or additional standards. Sometimes we think of organizational controls only when they seem to be absent, as in the 2008 meltdown of U.S. financial markets, the crisis in the U.S. auto industry, or the much earlier demise of Enron and MCI/Worldcom due to fraud and inadequate controls. However, as shown in the figure, good controls are relevant to a large spectrum of firms beyond Wall Street and big industry.

Answered by harshinichintha
2

I think the answer is the implementation

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