Question

Arrange the following steps of controlling process in correct sequence:

1. Comparison of actual performance with standards
2. Establishing the standards
3. Measuring performance
4. Analysing deviations
5. Taking corrective action

Options

• 1, 4, 3, 2, 5

• 5, 4, 3, 2, 1

• 2, 3, 5, 4, 1

• 2, 3, 1, 4, 5

Answer 1

2, 3, 1, 4, 5

Explanation:

2. Establishing the standards
3. Measuring performance
1. Comparison of actual performance with standards
4. Analysing deviations
5. Taking corrective action