To Design a Management Control System That Meets an Organization's

question 105

Multiple Choice

To design a management control system that meets an organization's needs,managers must identify what motivates employees,________ and ________.

• A) develop performance measures based on these employee motivators; establish a monitoring and reporting structure for the performance measures
• B) develop performance measures to encourage managerial effort; establish a monitoring and reporting structure for productivity
• C) develop performance measures that meet organizational objectives; establish an accounting system to measure productivity
• D) develop performance measures based on goal congruence; establish an accounting system to measure goal congruence

Understand the concepts and calculations related to unemployment rates.

Understand the concept of the misery index and how it is calculated.

Calculate the real rate of interest based on nominal interest rates and inflation.

Determine the size of the labor force from given data.

---

Definitions:

Noticeable Difference

The smallest change in a stimulus that can be detected by the senses.

Minimum Change

The least alteration that can occur in a situation or in the value of a variable.

Absolute Threshold

The minimum intensity of a stimulus at which it can be detected by an individual at least 50% of the time.

Difference Threshold

The smallest detectable difference between two stimuli that a person is able to sense, also known as the just noticeable difference (JND).