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Question1)Tactical controls involve the fundamental control arrangements of the organization, those with which its members have to live day to day

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Question1)Tactical controls involve the fundamental control arrangements of the organization, those with which its members have to live day to day.

 

 True

 

 

 False

 

 

Question 2

Which of the following is a common error committed by less-experienced managers?

		They tend to defer control to top management.
		They tend to avoid formal methods and control by "gut" instinct.
		They tend to apply more control than is necessary to show they are "in charge."
		They tend to forgo control in order to foster good relations with their employees.

 

Question 3

Tactical control focuses on ________.

		implementing strategy
		regulating activities
		managing methods
		planning policies

 

Question 4

________ is usually the most difficult managerial task in the control process.

		Comparing performance to standards
		Establishing standards
		Evaluating and taking corrective action
		Measuring performance

 

Question 5

The guiding principle for focusing control is that it should be closely linked to the strategic goals and, particularly, the planning process of the organization.

 

 True

 

 

 False

 

 

Question 6

The ratio of return on investment (ROI) measures the profitability of a business unit by comparing ________ to ________.

		activity; sales
		liquidity; liability
		inventory cost; inventory turnover
		net profit before taxes; total assets invested

 

Question 7

A strategic control system is likely to be useful when environmental turbulence is ________ and it is ________ to specify and measure precise strategic objectives.

		high; easy
		low; difficult
		high; difficult
		low; easy

 

Question 8

Shared values and beliefs are the social requirements needed to support a system of bureaucratic control.

 

 True

 

 

 False

 

 

Question 9

Administering therapy to an unwell patient is an example of exercising tactical control.

 

 True

 

 

 False

 

 

Question 10

Which of the following defines a liquidity ratio?

		revenue in relation to investment
		current assets in relation to current liabilities
		total debt in relation to total assets
		amount of sales in relation to cost to produce