ADMS 3930 Chapter Notes - Chapter 7: Good Housekeeping, Time Control, Total Quality Management

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Document Summary

Standards are a basis of comparison for measuring the extent to which organizational performance is satisfactory or unsatisfactory. First criterion for a good standard is that it must enable goal achievement. Second, standard can also be determined by benchmarking other companies. Benchmarking is the process of determining how well other companies perform business functions or tasks. In other words, benchmarking is the process of determining other companies" standards. So the first step in setting standards is to determine what to benchmark. The next step is to identify the companies against which to benchmark your standard. The next step in the control process is to compare actual performance to performance standards. ( the better the system, the easier it is for companies to track their progress and identify problems that need to be fixed. The next step in the control process is to identify performance deviation, analyze those deviations, and then develop and implement programs to correct them.

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