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

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

Management

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

 

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