The management of a company decides to take corrective action in the way they have been comparing profits generated by organizational units located in different countries and decides to represent it in terms of different currencies. Which of the following management functions is being performed here?
A) planning
B) influencing
C) controlling
D) organizing
E) leading

Question

Quizplus · Accepted Answer

The management is performing a controlling function by taking corrective action to improve the way profits are compared across organizational units located in different countries. Controlling involves measuring performance against standards and taking corrective action to ensure goals are achieved.

The Management of a Company Decides to Take Corrective Action