Which term is a management activity that involves measuring performance to ensure standards are being reached?

Prepare for the Leaving Certificate Business Exam. Utilize flashcards and multiple choice questions with detailed hints and explanations. Ace your exam with confidence!

Multiple Choice

Which term is a management activity that involves measuring performance to ensure standards are being reached?

Explanation:
Measuring performance to ensure standards are being reached is about the control function in management. It involves setting standards, monitoring actual performance, comparing what actually happened with the targets, and taking corrective actions to close any gaps. This ongoing process provides feedback that helps keep activities aligned with plans and allows adjustments to processes, resources, or behaviour. For contrast, motivation aims to influence effort, Just-In-Time focuses on inventory and production flow, and communication is about sharing information among people.

Measuring performance to ensure standards are being reached is about the control function in management. It involves setting standards, monitoring actual performance, comparing what actually happened with the targets, and taking corrective actions to close any gaps. This ongoing process provides feedback that helps keep activities aligned with plans and allows adjustments to processes, resources, or behaviour. For contrast, motivation aims to influence effort, Just-In-Time focuses on inventory and production flow, and communication is about sharing information among people.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy