Question

Bing spent several hours reviewing sales and expense reports for her tea importing business, in order to determine if she had reached her profit goals for last month. Bing's efforts are part of the ___________ function of management.

a) Planning
b) Controlling
c) Leading
d) Organizing

Answer 1

Bing's efforts to review sales and expense reports fall under the controlling function of management, as she is monitoring her business performance against her profit goals.

Step-by-step explanation:

Bing's review of sales and expense reports to determine if she had reached her profit goals for last month is part of the controlling function of management. This function involves monitoring performance and making necessary adjustments to ensure the organization's strategic goals are met. By analyzing reports, Bing is comparing actual performance with her planned targets and identifying any areas that need correction or improvement.