In the Control Process, When a Manager Cannot Find an Objective

question 121

Multiple Choice

In the control process, when a manager cannot find an objective and measurable performance indicator, he/she should ________.

• A)use the most appropriate objective indicator
• B)use an objective indicator, but measure it several times to ensure reliability
• C)use a subjective indicator
• D)ignore the control function all together
• E)not measure the factor

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Definitions:

Occupational Licensing

A regulatory process where individuals must obtain a license or certification from the government or a professional body to legally perform certain types of work or professions.

Inclusive Unionism

A labor movement strategy that emphasizes the inclusion and representation of all workers, disregarding their professional, demographic, or contractual status.

Monopsonistic

Referring to a market condition where there is only one buyer for many sellers, giving the buyer significant control over prices and terms.

Perfectly Competitive

A market structure characterized by a large number of buyers and sellers, free entry and exit, and a product that is homogeneous.