Final answer:
The managerial function that involves mobilizing people to carry out plans and run routine operations is 'organizing'. Organizing sets up the structure to convert plans into action by allocating tasks and resources.
Step-by-step explanation:
Managerial Functions
The managerial function that involves mobilizing people to carry out plans and run routine operations is known as organizing. This function ensures that the human and other resources are put into place to convert plans into action. While planning determines the course of action to achieve the desired results, organizing sets up the internal organizational structure and helps in the allocation of tasks and resources. Leading, on the other hand, is associated with guiding and motivating staff to contribute towards organizational goals. Therefore, the correct answer to the question is b) Organizing.