In the Context of Controlling, a Factor in an Organization

question 53

Multiple Choice

In the context of controlling, a factor in an organization that is a barrier to improvement is known as a ________.

• A) symptom
• B) threat
• C) variance
• D) problem

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Definitions:

New Products

Items or services that have been recently introduced to the market, offering new features or benefits.

Administrative Processes

Refers to the procedures and operations that contribute to the running of an organization, focusing on efficiency and effectiveness of workflows and policies.

Agency Theory

A theory explaining the relationship between principals (such as shareholders) and agents (such as company executives), focusing on the conflicts that can arise due to differing interests and information asymmetry.

Modern Organizations

Entities characterized by structured systems and practices aimed at achieving specific goals through collective efforts.