Asked by Morgan Young on May 26, 2024
Verified
Monitoring the operating results of implemented plans and comparing actual results to expected results
A) Planning
B) Directing
C) Controlling
D) Improving
E) Decision making
Management Process
A series of actions and procedures undertaken by managers to plan, organize, lead, and control business operations.
Controlling
The management function that involves monitoring and evaluating performance to ensure that organizational objectives are being achieved.
Operating Results
The outcome of a company's primary business activities, indicating its operating income or loss over a specific accounting period.
- Recognize various phases of the management process and their descriptions.
Verified Answer
PL
Pamela LewisJun 01, 2024
Final Answer :
C
Explanation :
Controlling is the management phase that involves monitoring the operating results of implemented plans and comparing the actual results against the expected results to ensure that objectives are achieved. This phase is crucial for identifying deviations from the plan and initiating corrective actions.
Learning Objectives
- Recognize various phases of the management process and their descriptions.