With Regard to the Managerial Function of Controlling in an Organization

question 67

Multiple Choice

With regard to the managerial function of controlling in an organization that has a conservative culture, managers ________.

• A) recognize that there are multiple potential paths to success and that failure must be accepted for creativity to thrive
• B) are less concerned about employees' performing their jobs in a specific, predetermined manner
• C) are concerned about employees' being flexible and taking the initiative to come up with ideas for improving performance
• D) set specific, difficult goals for employees, frequently monitor progress toward these goals, and develop a clear set of rules that employees are expected to adhere to
• E) encourage risk taking, creativity, and innovation

---

Definitions:

Labor

The engagement of human physical strength and intellectual power in producing goods and offering services.

Additional Revenue

The increase in total revenue that results from selling an additional unit of a product or service.

Profit-Maximizing Output

The level of production at which a company achieves the highest possible profit margin, given its costs and market demand.

Wage Rate

The amount of money paid to an employee per unit of time, which can be hourly, daily, or annually.