Scenario A: Ronaldo Is Doing Some Management Consulting for Three

question 122

Multiple Choice

Scenario A: Ronaldo is doing some management consulting for three companies.Safety Solutions Inc.is a large corporation that was established in the 1960s.It produces safety mechanisms for industrial machinery.The organization uses a strict set of rules and regulations with its workforce and tracks a large amount of data using statistical techniques.Eastern Plains Employment Associates is a network of regional employment centers that was started eight years ago.Its management uses a control system that ties salaries to prevailing salary standards,and the center directors are evaluated on the basis of the profitability of their centers.Resources are moved between centers on the basis of transfer prices.Ocean Innovations Inc.is a software company.Its control process is very future oriented.It likes to prevent problems before they arise,using policies,procedures,and rules.
-Which of the following control systems does Eastern Plains Employment Associates utilize?

• A)bureaucratic control
• B)market control
• C)clan control
• D)feedforward control
• E)concurrent control

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Definitions:

Return

The profit or loss derived from an investment or transaction.

Corporate Bond

A type of bond issued by corporations to fund capital investments and operations, promising to pay back with interest.

Yield

The income return on an investment, such as the interest or dividends received from holding a particular security.

Face Value

The nominal or dollar value printed on a security, such as a bond or stock, which indicates its value at issuance or maturity.