Practice question · Fill in the blanks
Complete the control cycle.
Set standards, measure performance, compare to compute the ______, and ______ the gap.
Word bank: variance · correct · bonus · archive
Hints
- The cycle measures, compares, and then corrects.
- Sometimes the correction applies to the standard itself.
Show the answer
Set standards, measure performance, compare to compute the variance, and correct the gap.
Why
Measure, compare, correct, and when reality has permanently changed, the correction may be to the standard itself.
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