The Purpose of Bureaucratic Control Is to

question 7

Multiple Choice

The purpose of bureaucratic control is to

• A) enhance employee participation in the control function.
• B) produce performance above minimum acceptable standards.
• C) get employee compliance.
• D) increase group performance.
• E) increase employee self-control.

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Definitions:

Recoups All Costs

A situation where the total expenses of an investment or project are fully recovered.

Competitive Bidding

Competitive bidding is a procurement process where several suppliers submit bids to win a contract, offering the best terms in terms of price, quality, and service.

Firm Bidding

A bidding process where the bid price is fixed and non-negotiable, often used in contexts requiring budget adherence or strict cost controls.

Target Cost

is the estimated price at which a product needs to be sold in the market, guiding the design and manufacturing process to ensure profitability.