The __________ Is a Tool Firms Use to Determine If

question 5

Multiple Choice

The __________ is a tool firms use to determine if they are achieving an appropriate balance when using strategic and financial controls as a means of positively influencing performance.

• A) managerial model
• B) holistic control system
• C) balanced scorecard
• D) internal auditing system

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Definitions:

Software

Programs and operating information used by a computer to perform specific tasks.

Reverse Innovation

A strategy where goods or services are developed first for emerging markets, and then adapted for more developed ones.

Diverse Settings

Various environments or situations that are distinct in character, culture, or composition.

Innovation Process

The sequence of activities that an individual or organization undertakes to conceive, develop, and bring to market new products or services.