Rules and Regulations,rather Than Culture or Rewards,would Be Used for Strategic

question 78

Multiple Choice

Rules and regulations,rather than culture or rewards,would be used for strategic control at which type of company?

• A) software developer
• B) stock brokerage firm
• C) manufacturer of mass produced products
• D) high tech research facility

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Definitions:

Credit Risk

The possibility that a lender may not receive the owed principal and interest, leading to a loss.

Valuation Measures

Techniques or methods used to assess the worth or value of a business, asset, or investment, often based on financial metrics or future earning potential.

Accounting Standards

Rules and guidelines established by authoritative bodies that govern how financial transactions and events are reported in financial statements.

IASB

The International Accounting Standards Board, responsible for developing and issuing International Financial Reporting Standards (IFRS).