Which management function includes measuring and setting performance objectives for the employees of a manufacturing business?

The

function includes measuring and setting performance objectives for the employees,

Planning is the first step in management functions it is involved in measuring and setting performance objectives.

Explanation:

In the planning function the managers forecast the future based on the current working conditions. They set the objectives that needs to accomplished by the employees within a stipulated period of time.

Planning can be for short term, long term and medium term. The objectives set during the planning function are the statements that needs to be efficiently achieved. The objectives set for performance depends on the mission of the organization which is the basic purpose of existence of the organisation.