Question

2

Which of the following is NOT cited as a potential area of cost due to inadequate control?

Question 4 options:

Finance

Impaired Competitor Relations

Damage to culture and reputation

Botched Implementation

Which of the following is NOT cited as a potential benefit of proper control?

Question 5 options:

Improved Quality

Improved Productivity

Improved Decision Making

Increased Uncertainty

According to your reading, which level of control can be likened to "steering the ship"?

Question 6 options:

Operating

Strategic

Tactical

Contingency

Which type of control can identify and avoid problems?

Question 7 options:

	Feed-forward
	Real-time
	Feedback
	Concurrent

Answer 1

4.C. Impaired competitor relation is not a cost to a company. Due to inadequate control, a company's finance, culture, reputation and implementation may be affected.

5.D. With proper control, probability of a certain output increases, i.e. Uncertainty decreases.

6.B. A strategic decision is one that gives a direction to the company which is analogous to steering the ship.

7.A. Feed-forward control is also called preliminary or preventive controls, attempted to identify and prevent deviations in the standards before they occur thus avoiding problems.