Asked by Sushmita Patra on Sep 26, 2024

Refer to Big Wheel Bikes, Inc. Which managerial function is Kaily performing when she compares the actual revenue and expense analysis with desired results?

A) Planning
B) Communicating
C) Decision making
D) Leading
E) Controlling

Revenue and Expense Analysis

An examination of the income generated and costs incurred by a business, aiming to understand financial health and performance.

Management Function

The activities and duties that managers engage in to plan, organize, lead, and control an organization's resources effectively.

Controlling

Within management, it refers to the act of overseeing performance and implementing changes to meet targeted goals.

  • Master the management functions and skills vital for the successful oversight of a business, specifically in the areas of planning and controlling.