Application of Types of Control

question 6

Multiple Choice

Application of Types of Control
Sam has not been receiving the information that he needs from his current control system. By the time Sam receives the information, the activity has occurred and there is nothing that can be done. Direct supervision is used extensively on the floor now, so some activities have been changed before they became costly mistakes. But Sam would like to do better. He would like to fix things before they break and anticipate more of the problems that occur.
-_____________control would require Sam to gather timely and accurate information that may be hard to develop.

• A)Concurrent
• B)Feedforward
• C)Feedback
• D)Management

---

Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of a company's shares at certain times during its life, usually at the discretion of the bondholder.

Earnings Per Share

A financial ratio calculated by dividing a company's net income by its number of outstanding shares, indicating the profitability on a per-share basis.

Stock Dividend

A dividend payment made in the form of additional shares of stock, rather than cash.

Basic Earnings Per Share

A financial metric that measures a company's profitability by dividing its net income by the weighted average number of common shares outstanding during the period.