The Outcome of the Control Process Is the Ability to

question 22

Multiple Choice

The outcome of the control process is the ability to

• A)measure performance accurately and regulate organizational efficiency and effectiveness.
• B)formulate effective business strategies and plan the allocation of resources.
• C)attract customers by producing goods and services more cheaply than any competitor.
• D)motivate employees to perform at a high level.
• E)decide what organizational goals to pursue.

---

Definitions:

S&P Rating

A credit rating given by Standard & Poor's, evaluating the creditworthiness of a borrower, ranging from AAA (excellent) to D (in default).

Investment Grade

A credit rating indicating a low risk of default, used to classify bonds that are considered safe investments.

BBB

A bond credit rating given to a medium credit quality debt instrument, indicating moderate risk.

Primary Market Transaction

Deals with the issuance of new securities directly from the issuer to investors.