When Vanguard Company District Managers Submitted Their Preliminary Budget Proposals

question 123

Multiple Choice

When Vanguard Company 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:

Nature-Nurture Approach

A theoretical framework that examines the interaction between an individual's inherited traits (nature) and their life experiences (nurture) in shaping their behavior and personality.

Trait Approach

A theory of leadership that suggests certain inherent personality traits and characteristics contribute to effective leadership.

Behavior Approach

A focus on observable behaviors and external stimuli in understanding human actions, rather than internal thoughts and feelings.

Confidence

A belief in one's abilities, qualities, and judgement.