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Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:
- a)Setting Performance standards
- b)Measurement of actual performance
- c)Comparison of actual performance with standards
- d)Analysing deviations
Correct answer is option 'B'. Can you explain this answer?
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Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly...
Measurement of Actual Performance -There are several techniques for measurement of performance. These include personal observation, sample checking, performance reports, etc
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Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly...
Measurement of actual performance:
Measuring actual performance is a crucial step in the controlling process. In this step, Mr. Ravi Sachdeva collects data and information regarding the performance of his subordinates. He evaluates their work, accomplishments, and results achieved during a specific time period. This involves tracking key performance indicators, such as sales figures, project completion rates, customer satisfaction levels, etc.
Importance of measuring actual performance:
1. Assessing Progress: By measuring actual performance, Mr. Ravi Sachdeva can assess how well his subordinates are progressing towards their goals and targets. It helps him identify areas of improvement and potential challenges.
2. Identifying Strengths and Weaknesses: Measuring actual performance allows Mr. Ravi Sachdeva to identify the strengths and weaknesses of his subordinates. He can recognize top performers and provide additional support or training to those who are falling behind.
3. Decision Making: The data collected during the measurement of actual performance helps Mr. Ravi Sachdeva make informed decisions about resource allocation, goal setting, and performance improvement strategies.
4. Accountability: Measuring actual performance holds his subordinates accountable for their work. It helps in ensuring that they meet the set standards and expectations.
In conclusion, the step of measuring actual performance is essential for Mr. Ravi Sachdeva as it provides him with valuable insights into the performance of his subordinates, enabling him to take necessary actions to achieve organizational goals and objectives.
Measuring actual performance is a crucial step in the controlling process. In this step, Mr. Ravi Sachdeva collects data and information regarding the performance of his subordinates. He evaluates their work, accomplishments, and results achieved during a specific time period. This involves tracking key performance indicators, such as sales figures, project completion rates, customer satisfaction levels, etc.
Importance of measuring actual performance:
1. Assessing Progress: By measuring actual performance, Mr. Ravi Sachdeva can assess how well his subordinates are progressing towards their goals and targets. It helps him identify areas of improvement and potential challenges.
2. Identifying Strengths and Weaknesses: Measuring actual performance allows Mr. Ravi Sachdeva to identify the strengths and weaknesses of his subordinates. He can recognize top performers and provide additional support or training to those who are falling behind.
3. Decision Making: The data collected during the measurement of actual performance helps Mr. Ravi Sachdeva make informed decisions about resource allocation, goal setting, and performance improvement strategies.
4. Accountability: Measuring actual performance holds his subordinates accountable for their work. It helps in ensuring that they meet the set standards and expectations.
In conclusion, the step of measuring actual performance is essential for Mr. Ravi Sachdeva as it provides him with valuable insights into the performance of his subordinates, enabling him to take necessary actions to achieve organizational goals and objectives.
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Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer?
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Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer?.
Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. Ravi Sachdeva is the marketing manager in Shades Ltd. He regularly prepares performance reports of his subordinates as part of the appraisal. Identify the step of controlling process performed by him:a)Setting Performance standardsb)Measurement of actual performancec)Comparison of actual performance with standardsd)Analysing deviationsCorrect answer is option 'B'. Can you explain this answer?.
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