Discussion 1: Steps of Control

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.

Discussion 2: 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.

Required Text

Baack, D., Reilly, M., & Minnick, C., & (2014). The five functions of effective management (2nd ed.).