Question
Business Studies Question on Principles and Functions of Management
Paras Ltd. has been facing the problem of decline in the level of production over last 15 days. On analysing the reason it was observed that the work station got smoky due to burning of fuel and the workers were uncomfortable and not able to focus. Which is the next step in the process of the managerial function undertaken by the manager in this given statement?
A
Analysis deviation
B
Measuring actual performance
C
Taking corrective action
D
Comparison of actual performance with standards
Answer
Taking corrective action
Explanation
Solution
The correct option is (C) :Taking corrective action