ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which management function is described in the following situation:James Crane has created a team atmosphere among the members of his sales department. When the team exceeded their monthly sales goal, James rewarded them with a celebratory dinner out and a 5% bonus.
|
|
Directing
|
|
|
Controlling
|
|
|
Planning
|
|
|
Organizing
|
Explanation:
Detailed explanation-1: -Controlling is the process of evaluating the execution of the plan and making adjustments to ensure that the organizational goal is achieved. During the controlling stage, managers perform tasks such as training employees as necessary and managing deadlines.
Detailed explanation-2: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.
Detailed explanation-3: -Chief executive officer (CEO) Chief operating officer (COO) Chief financial officer (CFO) President. Vice president. Board of directors. 10-Mar-2023
There is 1 question to complete.