In Which of the Following Systems of Control Do Organizations

question 124

Multiple Choice

In which of the following systems of control do organizations use budgets for personnel, equipment, travel expenses, and so on to keep behaviour targeted within set limits?

• A) bureaucratic control
• B) clan control
• C) normative control
• D) regulatory control
• E) self-control

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Definitions:

Luxury Goods

High-end products that are often considered status symbols, characterized by their quality, price, and prestige beyond the basic functional necessity.

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.

Priority Claims

Claims with the legal right to be paid before other types of debts in the event of a bankruptcy or similar financial liquidation process.

Chapter 7 Bankruptcy

A form of bankruptcy that involves the liquidation of assets to pay off creditors.