Control Systems Can Help an Organization Gain a Competitive Advantage

question 99

Multiple Choice

Control systems can help an organization gain a competitive advantage by increasing all of the following,except:

• A)Efficiency
• B)Quality
• C)Responsiveness to customers
• D)Innovation
• E)Bureaucracy

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Definitions:

Core Business

The primary area of a company's operation or the main source of its profitability, representing its fundamental mission or the key focus of its commercial activity.

Noncore Business

Parts of a company's operations that are not essential to its main line of business or primary revenue source.

Accounting

The practice of recording, classifying, and summarizing financial transactions to provide useful financial information for decision-making.

Production

The process of creating goods and services using labor, machinery, and resources to meet consumer demand.