Which Description Identifies the Controlling Function of the Management Process

question 39

Multiple Choice

Which description identifies the controlling function of the management process?

• A) guiding and motivating employees to meet organizational objectives
• B) determining how to arrange a firm's resources into a coherent structure
• C) scanning the business environment for threats and opportunities
• D) monitoring a firm's performance to ensure that it is meeting its goals
• E) determining what an organization needs to do and how best to get it done

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Definitions:

Drawee

In financial transactions, the party on whom a check or draft is drawn and who is responsible for paying the specified amount.

Obligated

Being legally or morally bound to do something or to fulfill a contract or promise.

Drawer

The person who issues or writes a negotiable instrument, such as a check, directing the payment of the specified amount of money.

Demand Instrument

A financial instrument that is payable immediately upon demand, such as a check or certain promissory notes.