Final answer:
The managerial function of controlling involves monitoring an organization's progress toward its goals, which corresponds with option c. This function is crucial for ensuring that strategies are implemented accurately and allows for adjustments based on feedback.
Step-by-step explanation:
The managerial function of controlling involves monitoring an organization's progress toward its goals. This function aligns with correcting actions to ensure that performance meets objectives, and it is part of the broader management process that includes planning, organizing, leading, and controlling. Option c, Monitoring an organization's progress toward its goals, is the correct answer in the context of the managerial function of controlling. The other options presented are associated with other managerial functions: planning (a), decision-making (b), and leading (d).
Controlling is critical for managers to ensure that an organization's strategies are being implemented effectively and to adjust those plans when necessary based on feedback and monitoring. Elected leaders may employ strategies and devices to control public administrators and the bureaucracy, reflecting the importance of the controlling function in guide decision-making and organizational adaptation.