_______________ allow managers to monitor and adjust the processes, answering the
questions "are we properly executing our strategy"
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operational controls
Controls can help managers determine if their strategy is achieving the desired
results. what is a major reason why managers would not implement all of the controls
that are available
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The costs of some controls outweigh their benefits
, The four steps of organizational control are: establish standards, measure
performance, compare performance to standards (expectations), and _________________.
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take corrective action
If Mark wanted to follow the accomplishments of his financial goals, he could easily
compare his actual spending to his ______________.
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budget
The control that permits managers to use information on past performance to bring
future performance in line with planned objectives is referred to as __________________.
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feedback control
Ken's Construction Company found that a drill bit could make approximately 100,000
holes within tolerance before the bit was so worn that the hole it drilled was too
small. So, it changes the drill bits after 95,000 holes have been drilled. This is an
example of a ___________________ control
Give this one a try later!
questions "are we properly executing our strategy"
Give this one a try later!
operational controls
Controls can help managers determine if their strategy is achieving the desired
results. what is a major reason why managers would not implement all of the controls
that are available
Give this one a try later!
The costs of some controls outweigh their benefits
, The four steps of organizational control are: establish standards, measure
performance, compare performance to standards (expectations), and _________________.
Give this one a try later!
take corrective action
If Mark wanted to follow the accomplishments of his financial goals, he could easily
compare his actual spending to his ______________.
Give this one a try later!
budget
The control that permits managers to use information on past performance to bring
future performance in line with planned objectives is referred to as __________________.
Give this one a try later!
feedback control
Ken's Construction Company found that a drill bit could make approximately 100,000
holes within tolerance before the bit was so worn that the hole it drilled was too
small. So, it changes the drill bits after 95,000 holes have been drilled. This is an
example of a ___________________ control
Give this one a try later!