Answer to Question #217214 in Management for Lucy

Question

Provide a brief definition or explanation of "Performance or control standard (context of control process" within the context of business management together with an example

Answer 1

A control standards is a target against which subsequent performance will be compared. For example, if a sales manager makes a target to make the sales of 5 million in one quarter with five salespersons working in his team, then he will give the target of 1 million to every salesperson and will control their actions to achieve the desired results.