Question

Categorize each of the following activities as to which management responsibility it​ fulfills: planning,​ directing, or controlling. Some activities may fulfill more than one responsibility.Management conducts variance analysis by comparing budget to actual.Responsibility:________.

Answer 1

Controlling:

Directing

Step-by-step explanation:

Controlling: Management conducts variance analysis by comparing budget to actual.

Directing: Some activities may fulfill more than one responsibility. it is regarded as the heart of management process because, its coordinate personnel in other management function to achieve desire goals.

Directing includes managerial efforts directed toward monitoring both organizational and employee performance and progress toward goals.

Controlling. Controlling involves ensuring that performance does not deviate from standards.

Controlling consists of three steps, which include:

(1) establishing performance standards,

(2) comparing actual performance against standards, and

(3) taking corrective action when necessary.

The measurement of performance can be done in several ways, depending on the performance standards, including financial statements, sales reports, production results, customer satisfaction, and formal performance appraisals.