Setting standards, measuring performance, and comparing performance to standards are the parts of controlling.
Control is a management function that aids in error detection and the implementation of corrective measures. This is done to reduce departure from standards and make that the organization's stated goals are met in the desired way.
Controlling is a management function that aids in obtaining desired results from employees at all organizational levels, including managers and subordinates. The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action.
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Answer: B. shifting the aggregate demand curve to the right, increasing real GDP and lowering the price level.
Explanation: A low interest rate increases the demand for investment as the cost of investment falls with the interest rate. Thus, a drop in the price level decreases the interest rate, which increases the demand for investment and thereby increases aggregate demand.
Answer: (B) Communication gap
Explanation:
The communication gap is the process that occur due to the miscommunication between the sender and the receiver. There are many types of reasons for the communication gap when the receiver are not able to understand the actual meaning what the sender wants to convey and also when the words are not clear.
We can also avoid the communication gap by following ways that are:
- By avoiding assumptions
- By framing the message properly
- Using the correct medium
According to the question, the policy of the owner basically created the communication gap.
