When a Company's District Managers Submitted Their Preliminary Budget Proposals,top

question 109

Multiple Choice

When a company's district managers submitted their preliminary budget proposals,top management discovered that the southern district manager had requested a new project management information system.Unfortunately,the system is incompatible with the system used at headquarters.Which of the following advantages of budgeting reduces the likelihood that the company will end up with two incompatible systems?

• A) Planning
• B) Coordination
• C) Performance measurement
• D) Corrective measures

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Definitions:

Restrain Trade

Involves activities or agreements that restrict or limit competition within a market, often considered illegal under antitrust laws.

Antitrust Violations

Illegal activities under antitrust laws that lead to unfair competition, such as price fixing, monopolies, and other practices that significantly reduce market competition.

Sherman Act

A foundational piece of antitrust legislation in the United States, aimed at preventing monopolies and promoting competition.

Eastman Kodak

A technology company primarily known for its photographic film products, historically significant in the photography industry.