Phases of the control process - 1. Establishment of standards - 2. Performance deviation - 3. Comparison of actual performance with that expected or expected 4. Corrective action.
statement-risks-administrative-control-presentationControl with early correction
To give an idea of what early correction means administrative control, examples of cash and inventory planning systems are observed, the variables of the system and their effect on a process to obtain the desired result (every company must design its own according to the realities of the situation) a deviation in any of the planned inputs can produce an unplanned result unless something is done about it in time.
