The management of evaluating the company's performance to determine whether it is achieving its objective is?

The management of evaluating the company's performance to determine whether it is achieving its objectives is called controlling. Controlling is a management function that involves monitoring, comparing, and correcting actual performance with planned performance. It is the process of ensuring that the activities of the organization are carried out in accordance with the plans and objectives of the organization. In essence, controlling involves measuring performance, comparing it with standards, and taking corrective action where necessary to ensure that the objectives of the organization are achieved.