Podcast
Questions and Answers
What is the primary focus of pre-control in the transformation process?
What is the primary focus of pre-control in the transformation process?
- Output factors such as final goods and services
- Concurrent control of the transformation process
- Quality control of activities in the transformation process
- Inputs such as human resources, materials, and technology (correct)
What is the main purpose of concurrent control?
What is the main purpose of concurrent control?
- To focus on output factors such as final goods and services
- To ensure individual self-control in the organisation
- To control the quality of activities in the transformation process (correct)
- To anticipate and prevent input factors from negatively influencing the transformation process
What type of control is used to focus on the outputs of the transformation process?
What type of control is used to focus on the outputs of the transformation process?
- Concurrent control
- Post-control (correct)
- Group control
- Pre-control
What is individual self-control a mix of?
What is individual self-control a mix of?
What is the primary consideration for implementing financial controls?
What is the primary consideration for implementing financial controls?
What is the result of over-strict controls in an organisation?
What is the result of over-strict controls in an organisation?
What is the primary aim of management when implementing pre-control?
What is the primary aim of management when implementing pre-control?
What is the main goal of total quality management?
What is the main goal of total quality management?
What is the result of meeting pre-control standards?
What is the result of meeting pre-control standards?
What is the ideal relationship between the cost of applying controls and the benefits gained?
What is the ideal relationship between the cost of applying controls and the benefits gained?
What is the purpose of budgeting in financial controls?
What is the purpose of budgeting in financial controls?
What is the recommended approach to applying controls in an organisation?
What is the recommended approach to applying controls in an organisation?
What is the primary goal of control in an organisation?
What is the primary goal of control in an organisation?
What is the benefit of having controls in place in an organisation?
What is the benefit of having controls in place in an organisation?
Why is objective measurement necessary in the control process?
Why is objective measurement necessary in the control process?
What is the ideal management approach in applying controls?
What is the ideal management approach in applying controls?
What is the main purpose of the third step in the control process?
What is the main purpose of the third step in the control process?
What is the purpose of developing standards in the control process?
What is the purpose of developing standards in the control process?
What is the benefit of standardising goods and services?
What is the benefit of standardising goods and services?
When should reinforcement be used in the control process?
When should reinforcement be used in the control process?
Why is it important to focus on critical performance areas?
Why is it important to focus on critical performance areas?
What is the role of the balanced scorecard in an organisation?
What is the role of the balanced scorecard in an organisation?
What is a necessary condition for a control measure to be useful?
What is a necessary condition for a control measure to be useful?
What should corrective action focus on?
What should corrective action focus on?
What is the purpose of a quality circle?
What is the purpose of a quality circle?
What does Six Sigma (6σ) stand for?
What does Six Sigma (6σ) stand for?
What is the purpose of benchmarking?
What is the purpose of benchmarking?
What is the main goal of continuous improvement?
What is the main goal of continuous improvement?
What does cycle time refer to?
What does cycle time refer to?
What are the four elements of a balanced scorecard?
What are the four elements of a balanced scorecard?