Final answer:
The statement that managers perform control functions by obtaining feedback, comparing it with set standards, and taking corrective action is true. This process is a critical management function that ensures alignment with organizational goals and continuous improvement.
Step-by-step explanation:
Managers perform control functions when they obtain feedback from the actual performance and compare it with the standards and objectives set during the planning process, and take corrective action.
This statement is True. The control function is a fundamental aspect of management that aligns performance with the organization's goals.
Being open to feedback is essential as it enables individuals to understand their performance in relation to the expected outcomes. Managers need to provide both positive and negative feedback to help employees improve. Taking corrective action following feedback is key for driving improvement and ensuring that performance meets the set objectives and standards.
Additionally, in many work environments, managers will set clear expectations from the start, and employees will be held accountable for achieving those expectations. This ties into the idea that managers and employees use feedback mechanisms similar to the way organisms use feedback mechanisms to maintain their internal environments and respond to external environmental changes, as mentioned in concept 2.C.1 in a biological context.