In the context of the Management Process, which of the following best describes the concept of "Controlling"?
1
Establishing goals and deciding how to achieve them
2
Arranging tasks, people, and other resources to accomplish the work
3
Motivating, directing, and otherwise influencing people to work hard to achieve the organization’s goals
4
Monitoring performance, comparing it with goals, and taking corrective action as needed
5
Communicating the mission and vision of the organization to employees