Final answer:
Steven is indeed exercising an output control by using benchmarking statistics to set sales targets, a process which aligns his sales activity with the company's goals. Therefore, the given statement is true.
Step-by-step explanation:
The statement that Steven is exercising an output control when his boss gives him benchmarking statistics to track and then develop his sales targets for the quarter is true. In management, output controls involve setting performance standards and goals and evaluating performance based on those standards.
In this case, Steven's performance as a sales rep is being guided by specific sales targets based on benchmarking statistics, which represents a form of output control to ensure that company goals are met through his sales performance.