The General Manager of Yeo Enterprises meets with directors once a month to compare actual and planned financial performance - HSC - SSCE Business Studies - Question 15 - 2003 - Paper 1
Question 15
The General Manager of Yeo Enterprises meets with directors once a month to compare actual and planned financial performance.
Which of the following best describes t... show full transcript
Worked Solution & Example Answer:The General Manager of Yeo Enterprises meets with directors once a month to compare actual and planned financial performance - HSC - SSCE Business Studies - Question 15 - 2003 - Paper 1
Step 1
Identify the management process being described
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Answer
In this scenario, the General Manager is comparing actual financial performance with planned performance. This activity is primarily focused on monitoring and evaluating the organization's progress towards its financial goals.
Step 2
Select the correct option
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Answer
The activity of comparing actual results with planned objectives is known as 'Controlling'. Therefore, the correct answer is (A) Controlling.
