In Order for the Control Process to Work, the Business

question 77

Multiple Choice

In order for the control process to work, the business owner must:

• A) make as few changes and modifications in the operational plans as possible.
• B) concentrate on competitive information.
• C) identify and track key performance indicators.
• D) maintain control and delegate as little authority and responsibility as possible.

---

Definitions:

Clusters

Groups or collections of similar items or entities, often used in statistical analysis or data segmentation for more efficient analysis and understanding.

Grades

Evaluations or ratings typically given to student assignments or performance, assessing their mastery of subject matter.

Perquisites

Benefits or privileges provided to employees in addition to their salaries, such as company cars or health insurance.

Top Management

The highest level of management in an organization, responsible for the overall direction, strategy, and success of the company.