Of the Following, Which Is NOT a Reason Why Control

question 100

Multiple Choice

Of the following, which is NOT a reason why control systems are important?

• A)Controlling activities provide the critical link back to planning.
• B)Control mechanisms support employee empowerment.
• C)Controls help protect the organisation against threats.
• D)Controls guarantee goal attainment.
• E)Controls provide a way to compare current status with goals and objectives.

Recognize the role of foreign investment and domestic investment in a country's economic prosperity.

Assess the importance of real GDP per person and its growth rate in evaluating a nation’s economic prosperity.

Analyze historical economic growth trends among different nations.

Comprehend the concept of productivity and its determinants.

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Definitions:

Insurer's Risk

The risk borne by an insurance company, being the potential financial loss they accept when providing policies to insureds.

Liability Insurance

A type of insurance coverage that protects an individual or entity from the risk of being held legally liable for injuries or damages to others.

Negligence

The lack of taking adequate precautions to prevent causing harm or damage to someone else.

Wrongful Nature

The characteristic of an act or behavior deemed improper, illegal, or unjust according to societal or legal standards.