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Corrective action might involve ____ of …

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Corrective action might involve ____ of employees if the product target could not be met

Posted by Likith Reddy 5 years, 3 months ago

CBSE > Class 12 > Business Studies

1 answers

Gaurav Seth 5 years, 3 months ago

Corrective action might involve training of employees if the production target could not be met.

Taking Corrective Action: The final step in the controlling process is taking corrective action. No corrective action is required when the deviations are within acceptable limits. However, when the deviations go beyond the acceptable range, especially in the important areas, it demands immediate managerial attention so that deviations do not occur again and standards are accomplished. Corrective action might involve training of employees if the production target could not be met. Similarly, if an important project is running behind schedule, corrective action might involve assigning of additional workers and equipment to the project and permission for overtime work.

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