Air Canada has established a goal of increasing profits by 12% next year. To ensure that the goal is reached, management monitors profits on a monthly basis. After three months, if profits have not increased by 3%, management will take corrective action to get the company on track. By doing so, management is carrying out which of its four functions?
A) planning
B) leading and motivating
C) organizing
D) controlling

Question

Quizplus · Accepted Answer

Monitoring profits and taking corrective action are part of the controlling function of management, which involves monitoring performance and taking corrective action if necessary to ensure that goals are achieved.

Air Canada Has Established a Goal of Increasing Profits by 12