At Meridian Inc

question 40

Multiple Choice

At Meridian Inc.,employees are given general goals and basic budgets rather than policy manuals.Furthermore,it is expected that they will be strongly dedicated to the goals of the organization.Which control approach does Meridian Inc.use?

• A) bureaucratic
• B) commitment
• C) operational
• D) self-reliant

---

Definitions:

Bond

A financial instrument representing a loan made by an investor to a borrower, typically corporate or governmental, which pays back with interest.

Persian Gulf

A marginal sea of the Indian Ocean between the Arabian Peninsula and Iran, known for its strategic location and significant oil reserves.

Economic Theory

A conceptual framework that explains the workings of economies, encompassing principles like supply and demand, production, distribution, and consumption.

Rate of Inflation

The annual percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.