A Manager Who Uses a Formal Administrative System to Directly

question 7

Multiple Choice

A manager who uses a formal administrative system to directly supervise the activities of subordinates is exercising __________ control.

• A) internal
• B) feedback
• C) feedforward
• D) external
• E) cybernetic

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Definitions:

Assumptions And Predictions

The process of making educated guesses or hypotheses about future events based on current or past information.

Budgeted Profit

The expected profit planned in a budget, calculated as anticipated revenues minus planned expenses.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Direct Labour

Direct labour refers to the work effort of employees directly involved in the production of goods or services, whose costs are directly attributable to specific units of production.