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Which set names the key functions that managers perform?
APlanning, organizing, leading, and controlling
BPlanning, staffing, reporting, and budgeting
CDirecting, auditing, hiring, and forecasting
DOrganizing, pricing, financing, and selling
Answer & Solution
Correct answer: A. Planning, organizing, leading, and controlling
1. Management work is grouped into four key functions.
2. Those functions are planning, organizing, leading, and controlling.
3. Staffing, budgeting, pricing, and auditing are narrower activities that sit inside those functions rather than replacing them.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 7 "Designing Organizational Structures", section 7.1 Building Organizational Structures_
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