Some Means of Control Are Necessary Because Once Managers Form

question 7

True/False

Some means of control are necessary because once managers form plans and strategies, they must ensure that the plans are carried out.

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Definitions:

Optimal Number

The most favorable quantity that leads to the best outcome or efficiency under given conditions.

Monthly Profit

The financial gain or loss calculated at the end of each month, resulting from revenue minus expenses.

Constraints

Restrictions or limitations on the decision-making process, which can include available resources, regulations, or specific conditions that must be met.

Categories

Groups or sets into which items are placed based on shared characteristics or attributes.