Which of the Following Statements Is True of Market Control

question 31

Multiple Choice

Which of the following statements is true of market control?

• A) It does not assume that the interests of the organization and individuals naturally diverge.
• B) It is based on the idea that employees may share the values, expectations, and goals of the organization and act in accordance with them.
• C) It includes such items as budgets, statistical reports, and performance appraisals.
• D) It is most effective where tangible output can be identified.
• E) It works best where tasks are certain and workers are independent.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and possibly a right to vote at shareholders' meetings.

Capital Employed

The total amount of capital used for the acquisition of profits by a firm or project, including assets and working capital.

Debt

An obligation owed by one party to a second party; in financial terms, it typically refers to money borrowed by one party from another.

Capital Employed

Capital employed refers to the total amount of capital used for the acquisition of profits by a firm or project. It is typically the value of all assets employed in a business.