What do you mean by standard in controlling? State the recruitment of

1.	What do you mean by standard in controlling? State the recruitment of good standard.
Answer» Setting performance standards: Different types of standards are used for measuring the performance of different individuals. Standards may be of two types qualitative standard and quantitative standard. Performance standards are mainly derived from the objectives, goals, and expectations of the organization. The standards for control should satisfy the following requirement: a. It should be simple & easily understandable b. It should be flexible, not rigid c. It should be in accordance with the people responsible to achieve them. d. It should be consistent with the overall objective of firm. e. It should be set scientifically with the help of time and motion studies. f. It should be expressed in quantitative terms. g. It should be set a consultation with people who are responsible to achieve them.

What do you mean by standard in controlling? State the recruitment of good standard.

Answer»

Setting performance standards: Different types of standards are used for measuring the performance of different individuals. Standards may be of two types qualitative standard and quantitative standard. Performance standards are mainly derived from the objectives, goals, and expectations of the organization.

The standards for control should satisfy the following requirement:

a. It should be simple & easily understandable

b. It should be flexible, not rigid

c. It should be in accordance with the people responsible to achieve them.

d. It should be consistent with the overall objective of firm.

e. It should be set scientifically with the help of time and motion studies.

f. It should be expressed in quantitative terms.

g. It should be set a consultation with people who are responsible to achieve them.

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