Control That Depends on Standardization of Activities, Well- Defined Job

question 80

Multiple Choice

Control that depends on standardization of activities, well- defined job descriptions, and budgets would be an example of

• A)market control.
• B)clan control.
• C)bureaucratic control.
• D)price control.

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Definitions:

Tender Offer

A public offer to purchase a large number of shares from a company's shareholders, usually at a premium to the market price.

Preemptive Merger

A strategy where a company merges with or acquires another firm to prevent competitors from doing so, often to maintain its competitive advantage or market share.

Synergy

The additional value created when two or more entities combine forces or resources, leading to efficiency gains or enhanced performance that would not be possible independently.

External Growth

Expansion of a business through acquiring or merging with other companies, rather than from its own operations.