What managerial behavior involves monitoring and correcting progress toward organizational goals?

The correct choice, controlling, refers to the managerial behavior that focuses on monitoring performance and taking corrective actions to ensure that the organization is moving toward its goals. This involves establishing performance standards, measuring actual performance against those standards, and identifying any discrepancies. If performance deviates from the standards, managers take necessary actions to rectify the situation. This process is critical because it helps organizations stay aligned with their strategic objectives and ensures that resources are used efficiently.

Controlling encompasses various activities, such as performance reviews, financial audits, and quality checks, which are essential for maintaining oversight and accountability within the organization. This managerial function helps to ensure that plans are implemented effectively and that adjustments can be made promptly when issues arise.

In contrast, planning is focused on setting objectives and determining how to achieve them, budgeting involves allocating financial resources to various departments or projects, and coordinating refers to aligning activities and ensuring that different parts of the organization work together effectively. While these functions are important, they do not specifically encompass the ongoing monitoring and corrective actions that define the controlling process.