Output Controls Can Sometimes Discourage Collaboration Among Different Strategic Business

question 34

Multiple Choice

Output controls can sometimes discourage collaboration among different strategic business units. However, more and more work requires creativity and innovation, especially in highly-developed economies. One way firms are grappling with this issue is by

• A) introducing results-only-work-environments to tap intrinsic motivations.
• B) refining the budgeting process to encourage more department collaboration.
• C) updating standard operating procedures to allow more process flexibility.
• D) using output controls only when the goal is to ensure a predictable outcome.

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Definitions:

Source of Funds

The origin of the money or capital utilized in transactions, investments, or any financial operation.

Raffle

A means of raising funds or prizes involving participants buying tickets for a chance to win.

Functional Budget

A financial plan that allocates funds based on the specific functions or activities of an organization.

Program

A planned series of activities aimed at achieving specific goals or outcomes.