In the Control Process, If Employees Are Constantly NOT Meeting

question 17

Multiple Choice

In the control process, if employees are constantly NOT meeting their sales quotas, what managerial action may be warranted?

• A)take immediate corrective action
• B)lower the standard
• C)fire the employees
• D)increase the range of variation
• E)retrain the employees, but never lower the standard

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Definitions:

Shareholders' Meeting

A gathering of a company's shareholders held to discuss and vote on corporate matters and decisions.

Preemptive Rights

The right of shareholders to purchase additional shares in a corporation before the public, in proportion to their existing shareholdings, to maintain their ownership percentage.

Capital Stock

The total amount of shares that a corporation is authorized to issue, as stated in its articles of incorporation.

Shares

Units of ownership in a company or financial asset, providing a proportion of the profits and losses.