The chairman of a large retailer announces that she may find investors to buy the company. She reassures employees that she is doing this to save the company.

 

 

 

 

The manager of a pizza restaurant creates a schedule to determine which employees will work on New Year’s Eve.

 

 

 

 

The CEO of a pharmaceutical company works with the board of directors to estimate the dividends the company will pay in the future.

 

 

 

 

After reviewing data on a number of stimulus projects that are underway, a senator decides which ones she will vote to defund because they do not meet her standards.

 

 

 

 

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Explanation

The chairman of a large retailer announces that she may find investors to buy the company. She reassures employees that she is doing this to save the company. Helping employees to see that management is on their side is an important part of keeping them motivated. Here, the chairman is performing the leading function of management.

The manager of a pizza restaurant creates a schedule to determine which employees will work on New Year’s Eve. Organizing involves the implementation of a plan. Because the restaurant manager is allocating her resources (the employees), she is involved in the organizing function of management.

The CEO of a pharmaceutical company works with the board of directors to estimate the dividends the company will pay in the future. The CEO is performing the planning function of management, because predicting future dividends is essentially setting a financial goal for the company.

After reviewing data on a number of stimulus projects that are underway, a senator decides which ones she will vote to defund because they do not meet her standards. The senator is monitoring the stimulus projects, and by deciding which projects should stop, the senator is performing the function of control.