ECONOMICS

Detailed explanation-1: -What is Quality Control (QC)? Quality control is the process by which services/products are measured and tested to ensure they are as uniform as possible and meet a standard. It helps businesses minimize inconsistencies and improve product quality.

Detailed explanation-2: -What Is Quality Control (QC)? Quality control (QC) is a process through which a business seeks to ensure that product quality is maintained or improved. Quality control requires the company to create an environment where management and employees strive for perfection.

Detailed explanation-3: -Also known as an annual review, performance review or evaluation, or employee appraisal, a performance appraisal evaluates an employee’s skills, achievements, and growth, or lack thereof.

Detailed explanation-4: -A performance review is a formal assessment in which a manager evaluates an employee’s work performance, identifies strengths and weaknesses, offers feedback, and sets goals for future performance. Performance reviews are also called performance appraisals or performance evaluations.

Detailed explanation-5: -Examples of controlling functions Schedule and deadline management, employee training, performance evaluations, adjustments to budgets or staffing assignments, and resource allocation are all included within the controlling function.