BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rules and regulations, rather than culture or rewards, would be most appropriate for strategic control at which type of company?
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software developer
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Film making
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manufacturer of mass produced products
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high tech research facility
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Explanation:
Detailed explanation-1: -The purpose of strategic control is to steer a business toward its long-term goal by controlling its strategic direction. Strategic control definition states that the process tracks a strategy during its implementation period and detects changes or problems that may affect the outcome.
Detailed explanation-2: -Rule-based controls are appropriate in organizations where most of the employees are unskilled. In firms that compete on the basis of cost, incentives tend to be based on explicit quantitative targets.
Detailed explanation-3: -Informational control is primarily concerned with whether the organization is “doing the right things."
There is 1 question to complete.