Which Form of Control Would You Be Most Likely to Find

question 54

Multiple Choice

Which form of control would you be most likely to find in a voluntary or charity organization?

• A) Bureaucratic control through rules and procedures
• B) Control through norms and values
• C) Financial control through accurate financial statements
• D) Output control
• E) Incentive systems

Analyze the financial outcome of hedging strategies in response to stock price movements.

Recognize the implications of using options for tax planning and risk management.

Apply knowledge of call and put options pricing to make informed financial decisions.

Understand the significance of employee engagement and talent development strategies in the corporate world.

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Definitions:

Modular Organization

A network organization that performs a few core functions and outsources other activities to specialists and suppliers.

Core Functions

The essential activities or duties that are central to the purpose or operation of an organization or system.

Non-core Activities

Tasks or functions that are not the main focus or essential to the primary business or operations of an organization.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.