Organization: netflex

The first step in the control process is setting performance standards. In this step, management establishes the standards or criteria that will be used to measure the success of the production process. For example, management may set a standard of $90\%$ accuracy for the production of a particular product.

Step $2$: Actual Performance Measurement

The second step is to measure the actual performance of the production process. In this step, management monitors the production process to ensure that it is meeting the established performance standards. For example, management may conduct regular quality checks to ensure that the product is meeting the required accuracy standards.

Step $3$: Performance Deviation

The third step is to identify any performance deviations. In this step, management compares the actual performance measurements to the established performance standards. If the actual performance does not meet the standards, then management identifies the deviations. For example, if the quality checks reveal that the product is not meeting the required accuracy standards, then management would identify this deviation.

Step $4$: Taking Corrective Action

The fourth step is to take corrective action. In this step, management takes the necessary actions to address the performance deviations that have been identified. For example, if the deviation is a lack of accuracy in the production process, management may provide additional training to the production team to improve their accuracy.

Final answer: Step $5$: Feedback and Monitoring

The final step is feedback and monitoring. In this step, management monitors the effectiveness of the corrective actions that have been taken. Management also gathers feedback from the production team and other stakeholders to identify any further improvements that can be made to the production process. For example, management may conduct surveys or hold meetings with the production team to gather feedback on the effectiveness of the additional training provided to improve accuracy.