Questions and Answers
What is the nature of control as a management function?
Monitoring activities to ensure they're accomplished as planned and correcting significant deviations
How is the effectiveness of a control system determined?
By how well it facilitates goal achievement
What do managers need to evaluate to know if their business units are performing properly?
Activities accomplished and comparison of actual performance with desired standard
What does an effective control system ensure about the ways in which activities are completed?
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In what way is the effectiveness of a control system related to goal achievement?
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