Simons Argued That Control Is Necessary to Balance the Competing

question 38

Multiple Choice

Simons argued that control is necessary to balance the competing tensions in an organisation because of:

• A)unlimited attention spans of managers/limited opportunities for the organisation
• B)intended strategy/deliberate strategy
• C)self-interest of individuals/the desire to contribute,achieve and create
• D)none of the above

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Definitions:

Profit-sharing Plan

A retirement plan that gives employees a share in the profits of the company. Each employee receives a percentage of those profits based on the company's earnings.

Defined-benefit Plans

Retirement plans that promise a specific pension payment upon retirement, based on salary and years of service.

Definitely Determinable Benefits

Benefits from a pension plan or retirement account that are calculable and guaranteed based on factors like salary history and years of service.

Coverdell Education Savings Account

A tax-advantaged savings account designed to pay educational expenses, including tuition, fees, books, and supplies.