Controls Can Cost the Organization Through

question 83

Multiple Choice

Controls can cost the organization through

• A) decentralized decision-making.
• B) opportunity recognition.
• C) failed implementation.
• D) layoffs.

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Definitions:

Cooperatives

An organization owned and operated by its members with the objective of benefiting them, often in purchasing or selling goods, obtaining services, or producing goods.

Unincorporated

Describes a business or area that has not been formed into a legal corporation or does not fall under a municipality's jurisdiction, respectively.

Limited Liability

A legal structure that restricts the financial liability of owners or shareholders of a company to the amount they have invested in the company.

Syndicate

An investment group that comes together for the explicit purpose of financing a specific large project.