______________ ensures judging the accuracy of the standards.
Correct Answer :
Controlling
Solution :
The correct option is Controlling.
In management, controlling is the process of comparing actual performance with set standards and taking corrective action if any deviation is found.
An important function of controlling is to ensure that the standards themselves are accurate, realistic, and objective.
Since business environments are dynamic, a control system helps managers verify whether the pre-determined standards are still valid or need revision, thereby judging the accuracy of the standards.
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