For an organization, the first step in the management function of controlling is to: Identify the management function in which top managers in an organization spend
most of their time. Planning Controlling Staffing Benchmarking Organizing In an organization, decisions regarding adding new products, acquiring companies, and moving
into foreign markets would most typically be made by: take corrective actions when necessary. compare present performance with standards. investigate the causes of any
deviations. measure the actual performance. identify deviations from the standard. Forecasting is a part of the management function of: retailing. nearshoring.
planning. factoring. crowdsourcing. Which of the following statements is true of tactical plans? They establish the long-range objectives of a firm. They allow a firm
to react to changes in the environment. They specify what actions each individual needs to accomplish in a firm. They help establish strategic plans.
