Final answer:
The best term for the process of measuring performance against expectations and taking action to eliminate obstacles to achieving organizational goals is called 'controlling.' This ensures that organizational activities align with the planned arrangements and it adapts to changes or corrects errors in performance.
Step-by-step explanation:
The process of measuring performance against expectations and taking action to eliminate obstacles to achieving organizational goals is best called controlling. Controlling involves monitoring the progress of the organization, comparing actual performance with desired or planned performance, and taking corrective action when necessary. It ensures that everything is moving in accordance with the established plans and, if not, it involves developing means to get back on track. Organizations use controlling to adapt to changes in the external environment, correct errors, and address issues before they escalate into serious problems.
Evaluating employees based on this kind of control mechanism can include various forms of assessment such as immediate feedback, testing post-training, behavioral observations, and measuring impact on productivity and profits. This is crucial for maintaining a productive and effective organizational structure where goals are achieved, and standards are met.