Review the chapter and response below:
1. Steps of Control
2. Explain why the four steps involved in the controlling function are important. Why is a good understanding of the various ratios used by accountants and managers important to the controlling function? Give specific examples. Respond substantively to two other learners.
1. Changes in Management
Of the five management functions, which do you expect will experience the most dramatic changes in the next decade? Defend your answer. Which will have the least amount of change? Explain your answer. Respond substantively to two other learners.
Review the chapter The Controlling Function
Discussion Questions
1. Do you expect fast food to be healthy food?
2. Should McDonald's continue to alter its mission to address public health concerns, or should it just give people what they want?
3. How would the most recent changes at McDonald's affect the marketing department activities, food production, and individual employees waiting on customers in various stores?
Review the chapter The Five Management Functions as a Coordinated System
Discussion Questions
1. How is managing a seasonal business different from one that runs year-round?
2. What primary product is the Round Rock Express offering?
3. What differences are there in trying to serve players, the community, and sponsors?
Ref: Baack, D., Reilly, M., & Minnick, C., & (2014). The five functions of effective management (2nd ed.). San Diego, CA: Bridgepoint Education, Inc