Chapter 6: Controlling Activities and Operations Flashcards
1
Q
What is controlling?
A
The process of monitoring, comparing, and correcting work performance.
2
Q
Control process: What is the three-step process?
A
Step 1: Measure actual performance
Step 2: Compare actual performance against standard
Step 3: Take managerial action
3
Q
For control process step 1, what do we measure and how do we measure?
A
What do we measure?
Keeping cost within budget, quantity & quality of units, employee absenteeism, productivity levels etc….
How do we measure?
Personal observation, statistical report, oral or written report etc……..
4
Q
For control process step 2, what is the model?
A
Actual performance