The Four Steps of the Control Process Are: Establish Objectives

question 45

Multiple Choice

The four steps of the control process are: establish objectives and standards; ___; compare results with objectives and standards, and ___.

• A) measure actual performance; take corrective action as needed
• B) develop alternative systems; take corrective action as needed
• C) revise unmet objectives; pay for the losses
• D) set new objectives; evaluate results
• E) measure actual performance; monitor results

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Definitions:

Economic Decline

A period where an economy experiences a decrease in its overall output or economic activity.

Middle-Class

A socioeconomic group that falls between the working class and the upper class, typically characterized by moderate income, education, and a certain level of economic security.

Social Mobility

The ability of individuals or families to move within or between social strata in a society, impacting their economic and social position.

Pecking Order

A hierarchy of status seen among members of a group of people or animals, often dictated by power, rank, or social standing.