Which of the Following Elements Is Not Part of a Management

question 81

Multiple Choice

Which of the following elements is not part of a management control system?

• A) Delegated decision authority.
• B) Performance evaluation system.
• C) Knowledge of local conditions.
• D) Compensation and reward system.

---

Definitions:

Means Of Production

Refers to the physical, non-human inputs used for the production of economic value, such as factories, machines, and tools.

Marx

Karl Marx, a 19th-century philosopher and economist known for his theories on capitalism, class struggle, and the development of socialist thought.

Class

A system of categorizing society into groups based on factors such as wealth, occupation, and social status, affecting individuals' opportunities and life outcomes.

Status Group

A segment of society that shares similar prestige or honor, distinguished by their lifestyle, affiliation, or lineage, influencing social hierarchy.