Final answer:
False. The second step in a typical control process is measuring actual performance against established standards.
Step-by-step explanation:
In a control process, comparing performance against standards occurs after the measurement of actual performance against those standards. Once the performance data is collected, it's compared to the predetermined benchmarks or standards set by the organization. This step allows for a clear assessment of the extent of any deviations or variations from the expected performance levels. By comparing these two elements, businesses can identify the gaps between actual and desired performance.
This comparison is critical for understanding where and how adjustments might be necessary to bring performance back in line with organizational objectives. Therefore, while comparing performance against standards is indeed an essential component of the control process, it occurs after the initial measurement of actual performance against those standards.
Correct Answer: False