Final answer:
Hormel Foods' recall of canned chili due to contamination is an example of the controlling function of management, which involves the steps to rectify a quality issue.
Step-by-step explanation:
The recall of 104,000 pounds of Stagg canned chili by Hormel Foods, due to contamination with parts of a handheld calculator, is most closely associated with the management function of controlling. Controlling involves measuring performance, comparing it against established standards, and taking corrective action when necessary. In this case, the recall represents a corrective action undertaken by the company to address a quality control issue, ensuring the product meets safety standards and customer expectations.