Chapter 5
Which description identifies the controlling function of the management process?
Monitoring a firm's performance to ensure that it is meeting its goals
Which description identifies the organizing function of the management process?
Determining how best to arrange an organization's resources into a coherent structure
Which description defines the planning function of the management process?
Determining what an organization needs to do and how best to get it done
The first step in the planning process is determining goals. What is the next step?
Developing a comprehensive strategy
The first step in the control process is to compare actual performance to standards. (true or false)
FALSE
What type of management process function is being used when a manager motivates the workforce by rewarding them with additional vacation when standards are achieved?
Leading
Which business constituents analyze their competitive environments and plan, organize, direct, and control the operations of their organizations?
Managers
When a sales manager compares actual sales to the quarterly sales quota, he or she is performing the controlling function of management. (true or false)
TRUE
Comparing actual performance against standards is an example of which function of the management process?
Controlling
What function of the management process is used to monitor and ensure the organization is meeting its goals?
Controlling
Which function in the management process is being utilized when a firm elects to move towards a more centralized structure?
Organizing
Which aspect of the management process involves determining what the organization needs to do and how best to get it done?
Planning