A Management Control System Must _____ to Achieve Maximum Benefits

question 36

Multiple Choice

A management control system must _____ to achieve maximum benefits at minimum cost.

• A)look at the short term only
• B)motivate managers with quarterly bonuses based on performance
• C)foster goal congruence and managerial effort
• D)be the same as the financial accounting system

Distinguish between passive and active listening responses.

Analyze the significance of feedback in active listening.

Identify strategies that good listeners employ.

Understand the importance of listening in various emotional contexts.

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Definitions:

General Motors

An American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Greenmail

A situation where a company pays a premium to buy back its own stock from a shareholder to avert a takeover attempt.

Takeover Attempt

An effort by one company to acquire control of another company, often through the purchase of a majority of its stock.

Share Rights Plan

A strategy used by companies to defend against hostile takeovers by allowing shareholders to buy additional shares at a discount.