Through Careful Monitoring of the Financial Budgets of a Firm,managers

question 89

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 management function of

• A)planning.
• B)controlling.
• C)leading.
• D)organizing.
• E)budgeting.

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Definitions:

Affective Commitment

An employee's emotional attachment to, identification with, and involvement in an organization.

Continuance Commitment

The degree to which employees feel committed to their organizations due to the costs associated with leaving.

Continuance Commitment

An employee's psychological attachment to an organization based on the costs that they perceive associated with leaving it.

Normative Commitment

The feeling of obligation an individual has to continue in an organization because of their personal values, ethics, or commitments.