Need help responding to the 4 discussion post 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.  Guided Response:  Your initial post should be at least 200 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond substantively to at least two of your classmates' posts. Jewel Richardson The Standard control process consist of four steps (/Anthony & Govindarajan, 2007; Steers, Ungston, & Mowday, 1985):  Review the standards set in the planning process. Measure performance at the strategic, tactical, and operational levels. Compare performance outcomes with the standards that were set. Make a decision. These steps are important because in order for a business to prosper they must be able to identify and correct problems.  By following these steps it allow one to always check its business performance.  The various ratios are important because it allows management to review and identify a business lost or profits.  Being able to review these ratios helps management make the appropriate adjustments and corrections.  My husband own and runs a DJ Business.  He had to pay for his equipment upfront which make his business start off with a current assets.  As his business begin to grow, he must charges people and events for sales then pay out help which is debts.  He will need to budget all of this weekly to see how his business is running.  If his debt is higher than his income/assets he will need to review/measure/compare and finally make a decision of Successful or unsuccessful performance. Reference: Baack, D., Reilly, M., & Minnick, C., & (2014). The five functions of effective management (2nd ed.). San Diego, CA: Bridgepoint Education, Inc. Jonathan Watson Explain why the four steps involved in the controlling function are important. The four steps involved in the controlling function are as follows; Review the standards set in the planning process. Measure performance at the strategic, tactical, and operational levels.  Compare performance outcomes with the standards that were set.  Make a decision: Successful performance should be rewarded and Unsuccessful performance should be corrected. (Baack, Reilly, and Minnick, 2014). These steps are important because they allow control in order to ensure everyone stays aligned with the organization’s goals. According to Baack, Reilly, and Minnick, (2014) “The controlling process may be considered as a feedback device for company leaders” (Section, 7.1). Basically, managers can check and make corrections to make for sure company goals are met. Why is a good understanding of the various ratios used by accountants and managers important to th ...

1. Need help responding to the 4 discussion post
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.
Guided Response:
Your initial post should be at least 200 words in length. Support
your claims with examples from required material(s) and/or
other scholarly resources, and properly cite any references.
Respond substantively to at least two of your classmates' posts.
Jewel Richardson
The Standard control process consist of four steps (/Anthony &
Govindarajan, 2007; Steers, Ungston, & Mowday, 1985):
Review the standards set in the planning process.
Measure performance at the strategic, tactical, and operational
levels.
Compare performance outcomes with the standards that were
set.

2. Make a decision.
These steps are important because in order for a business to
prosper they must be able to identify and correct problems. By
following these steps it allow one to always check its business
performance. The various ratios are important because it allows
management to review and identify a business lost or profits.
Being able to review these ratios helps management make the
appropriate adjustments and corrections. My husband own and
runs a DJ Business. He had to pay for his equipment upfront
which make his business start off with a current assets. As his
business begin to grow, he must charges people and events for
sales then pay out help which is debts. He will need to budget
all of this weekly to see how his business is running. If his debt
is higher than his income/assets he will need to
review/measure/compare and finally make a decision of
Successful or unsuccessful performance.
Reference:
Baack, D., Reilly, M., & Minnick, C., & (2014). The five
functions of effective management (2nd ed.). San Diego, CA:
Bridgepoint Education, Inc.
Jonathan Watson
Explain why the four steps involved in the controlling function
are important.
The four steps involved in the controlling function are as
follows;
Review the standards set in the planning process.
Measure performance at the strategic, tactical, and operational

3. levels.
Compare performance outcomes with the standards that were
set.
Make a decision: Successful performance should be rewarded
and Unsuccessful performance should be corrected. (Baack,
Reilly, and Minnick, 2014).
These steps are important because they allow control in order to
ensure everyone stays aligned with the organization’s goals.
According to Baack, Reilly, and Minnick, (2014) “The
controlling process may be considered as a feedback device for
company leaders” (Section, 7.1). Basically, managers can check
and make corrections to make for sure company goals are met.
Why is a good understanding of the various ratios used by
accountants and managers important to the controlling function?
According to Baack, Reilly, and Minnick, (2014) “Ratio
analysis takes the financial information made available to the
accounting and finance departments and helps company leaders
understand how well various operations are running (Section,
7.1). Basically, “Information is power”, if leaders understand
what department are succeeding and which ones are failing, they
can incorporate more control and make corrective decisions and
plans.
Reference:
Baack, D., Reilly, M., & Minnick, C., & (2014). The five
functions of effective management (2nd ed.) [Electronic
version]. Retrieved from https://content.ashford.edu/
Discussion 2

4. 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.
Guided Response: Your initial post should be at least 200 words
in length. Support your claims with examples from required
material(s) and/or other scholarly resources, and properly cite
any references. Respond substantively to at least two of your
classmates' posts.
Justin Patterson
Of the five management functions, I believe that leading will
have the most changes over the next decade. I say this because
as the baby boomer generation is retiring, a completely different
leadership style will take place from other generations. Younger
generations are more tolerant in many aspects compared to older
generations. They still expect hard work but are more likely to
lead and not just manage a group of employees. Younger
employees can relate to a younger manager or supervisor,
therefore, they can feel like their opinions may be heard and
understood better than from a generation of managers that do
not understand, nor in some circumstances care to understand,
their opinions and input on situations and how to better a
company.
Out of the five management function, staffing will have the
least changes. I say this because staffing functions will continue
to be of the job design, recruiting, selection, training, safety,

5. and labor. There aren’t many more changes in staffing that can
take place. The hiring process is different for all companies,
but, at the same time is the same. An employee puts in a
resume, gets an interview and is hired or not. I do not foresee
many changes in this process.
Kathryn Beasock
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.
The step that I believe will experience the most dramatic
changes in the next decade is the planning stage. “Planning is a
systematic process in which managers make decisions about
future activities and the key goals that the organization will
pursue” (Baack, D., Reilly, M., & Minnick, C., & 2014). Due to
swift and continual changes in social, economic, technological
and competitive trends, it will be increasingly important for
managers to plan accordingly. Managers must use the tools that
are available to them to try to forecast potential changes in
these fields if they expect to keep the business profitable.
The step that I believe will have the least amount of change
is the leading step. “Leading in a business context consists of
all activities to help people achieve the highest level of
performance” (Baack, D., Reilly, M., & Minnick, C., & 2014). I
do not expect much to change in the controlling process because
the art of leading, regardless of market trends, does not change.
The management or supervisors, leading the organization will
still be required to inspire, motivate and direct the employees to
perform at their best (Baack, D., Reilly, M., & Minnick, C., &

6. 2014).
Kathryn
Reference
Baack, D., Reilly, M., & Minnick, C., & (2014). The five
functions of effective management (2nd ed.) [Electronic
version]. Retrieved from https://content.ashford.edu/