BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Planning
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Organizing
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Leading
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Controlling
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Detailed explanation-1: -Which management function involves measuring results, comparing results to expectations, and taking corrective action? Explanation: Controlling is concerned with setting up of the standards, measuring results, comparing actual and the standards and taking corrective actions to control deviations.
Detailed explanation-2: -Controlling is the process of monitoring activities, measuring performance, comparing results to objectives, and making modifications and corrections when needed.
Detailed explanation-3: -Controlling is measuring, comparing, finding deviation, and correcting the organizational activities performed to achieve the goals or objectives. Thus, controlling consists of activities like; measuring the performance, comparing with the existing standard and finding the deviations, and correcting the deviations.