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Divestiture

question 78

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Divestiture:

Understand different types of organizational control and their applications.
Recognize the role of performance measurements and reference points in control systems.
Identify the importance of organizational culture in enforcing controls.
Distinguish between various control techniques and their impact on organizational behavior.

Definitions:

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts and/or the tangible machinery and production equipment used in environments such as plants and factories.

Institutional Constraints

Regulations, norms, or laws imposed by institutions that limit or guide the behavior of individuals, groups, or firms within a society or economy.

Production Possibilities Curve

A graph that shows the various combinations of goods and services that an economy can produce given its resources and technology.

Capacity Utilization

The percentage of a firm's or nation's total production capacity that is actually being used over a specific time period.

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