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