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The Steps of the Controlling Function Include Assigning Tasks and Establishing

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The steps of the controlling function include assigning tasks and establishing procedures to accomplish organizational goals.


Definitions:

Fairness

Fairness in economics involves equitable access to resources, opportunities, and equitable treatment of individuals within the market and distribution processes.

Willing

The state of being prepared to do something; readiness.

Functioning of Government

Encompasses the operations and actions through which governmental bodies implement policies, provide services, and enforce laws for societal order and welfare.

Tools of Economics

The set of methodologies, techniques, and concepts used by economists to analyze and understand the workings of economic systems.

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