Through _____ Control, Managers Can Manage in Ways That Allow

question 8

Multiple Choice

Through _____ control, managers can manage in ways that allow and expect people to control their own behavior.

• A) normative
• B) internal
• C) regulatory
• D) clan
• E) bureaucratic

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Definitions:

Losses

Financial reductions or negative outcomes typically resulting from expenses surpassing revenues or due to the decrease in value of an asset.

Limited Liability Company

A corporate configuration that unites the straightforward tax treatment of sole proprietorships or partnerships with the limited personal liability characteristic of corporations.

Unincorporated Business Association

A group engaged in business without the formalities and legal protections of incorporation, such as partnerships or sole proprietorships.

Limited Liability

Limited Liability is a legal structure that limits an owner's or shareholder's personal liability for a company's debts and obligations.