Through Careful Monitoring of the Financial Budgets of a Firm

question 103

Multiple Choice

Through careful monitoring of the financial budgets of a firm, managers can detect potential problems in reaching their financial goals and take actions to reverse the problem. This is an example of the ________ function of management.

• A)planning
• B)controlling
• C)leading
• D)organizing
• E)staffing

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Definitions:

Psychoanalytic Theory

A theory of personality organization and the dynamics of personality development that guides psychoanalysis, developed by Sigmund Freud.

Primarily Unconscious

Referring to the aspect of the mind that operates outside of conscious awareness, influencing thoughts, feelings, and behaviors.

Emotion

A complex psychological state involving an individual's state of mind, physiological changes, and an outward expression or behavior.

Biological Environment

The natural living conditions and ecological factors that affect an organism's life, including other living things (biotic factors) and non-living things (abiotic factors).