MGT330 Week 5 Discussion 1 & 2

Required Text
Reilly, M., Minnick, C., & Baack, D. (2011). The five functions of effective management (2nd ed.). San Diego, CA: Bridgepoint Education, Inc.

Readings
To successfully complete this week’s assignments, read the following chapters in The Five Functions of Effective Management:

1. Chapter 7: The Controlling Function
2. Chapter 8: The Five Management Functions as a Coordinated System

Discussions

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.
    
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.

Please answer each question in 250 words or more.