One Way Managers Can Improve the Effectiveness of the Control

question 77

Multiple Choice

One way managers can improve the effectiveness of the control system is to

• A)change the performance standards.
• B)control as many things in the organization as possible.
• C)computerize the system.
• D)integrate control with planning.
• E)correct all deviations from standards.

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Definitions:

Marketing Control

The methods and processes used by organizations to monitor and evaluate their marketing activities and strategies, ensuring alignment with overall goals.

Business Failure

Refers to the inability of a company to continue its operations due to financial performance or market competitiveness.

Family Business

Owned and controlled by family members.

Financial Success

The achievement of financial goals and stability, often measured by wealth accumulation, income, or the ability to finance one's desired lifestyle.