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Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094

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Section
BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

Management process

Three phases of the management process are planning, directing, and controlling. Match the following descriptions to the proper phase:

Phase of management process Description
Planning a. Developing long-range courses of action to achieve goals.
Directing b. Isolating significant departures from plans for further investigation and possible remedial action. It may lead to a revision of future plans.
Controlling c. Process by which managers, given their assigned levels of responsibilities, run day-to-day operations.

To determine

Management process:

The management process refers to the sequence of inter- connected activity. There are five phases in the process of management. They are as follows:

images

To match: The descriptions to the proper phase.

Explanation

Match the descriptions to the proper phase are as follows:

Phases of management process Description No
Planning (a)
Directing (c)
Controlling (b)

Table (1)

For description (a):

Developing long- range courses of action to achieve goals refers to the Planning process of management...

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