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Questions and Answers
What is the nature of control as a management function?
What is the nature of control as a management function?
- Monitoring activities to ensure they're accomplished as planned and correcting significant deviations (correct)
- Planning activities to ensure they're accomplished with minimal supervision
- Supervising activities to ensure they're accomplished within a flexible timeframe
- Directing activities to ensure they're accomplished without any deviations
How is the effectiveness of a control system determined?
How is the effectiveness of a control system determined?
- By the number of deviations it identifies
- By the level of strictness in monitoring activities
- By how well it facilitates goal achievement (correct)
- By the number of activities completed
What do managers need to evaluate to know if their business units are performing properly?
What do managers need to evaluate to know if their business units are performing properly?
- The budget allocated to each business unit
- The number of customers served by each business unit
- Activities accomplished and comparison of actual performance with desired standard (correct)
- Number of employees in each business unit
What does an effective control system ensure about the ways in which activities are completed?
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?
In what way is the effectiveness of a control system related to goal achievement?
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