ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____, one of the five functions of management, determines to what extent the business is accomplishing the goals it set out to reach in the planning stage.
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controlling
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organizing
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implementing
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judging
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Explanation:
Detailed explanation-1: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives. Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions.
Detailed explanation-2: -Planning involves the effort to direct and lead people to accomplish the planned work of the organization.
Detailed explanation-3: -Top-level managers are responsible for controlling and overseeing the entire organization. Middle-level managers are responsible for executing organizational plans which comply with the company’s policies. They act as an intermediary between top-level and low-level management.
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