Which of the following is true about controls?

Which of the following is true about controls?

a.
The content of long-range plans is more qualitative and judgmental in nature than that of budgets.
b.
Bureaucratic controls are less formal than other controls and are the result of shared beliefs and expectations among the members of an organization.
c.
The choice of bureaucratic controls rather than cultural controls can be justified if the company enjoys a low turnover rate.
d.
Cultural controls consist of a limited and explicit set of regulations and rules that outline desired levels of performance.


Answer: A

___ are formalized, long-range programs with more than a one-year horizon.

___ are formalized, long-range programs with more than a one-year horizon.

a.
Tasks
b.
Objectives
c.
Plans
d.
Schedules


Answer: C

Short-term financial guidelines in such areas as investment, cash, and personnel are called _____.

Short-term financial guidelines in such areas as investment, cash, and personnel are called _____.

a.
budgets
b.
credits
c.
plans
d.
regulations


Answer: A

___ are less formal than other controls and are the result of shared beliefs and expectations among the members of an organization.

___ are less formal than other controls and are the result of shared beliefs and expectations among the members of an organization.

a.
Bureaucratic controls
b.
Centralized organizations
c.
Cultural controls
d.
Differentiation strategies


Answer: C

_____ controls consist of a limited and explicit set of regulations and rules that outline desired levels of performance.

_____ controls consist of a limited and explicit set of regulations and rules that outline desired levels of performance.

a.
Bureaucratic
b.
Contributor
c.
Implementer
d.
Cultural


Answer: A

Which of the following is a "black hole" situation?

Which of the following is a "black hole" situation?

a.
A situation in which international direct investors are accused of draining resources from their host countries
b.
An organization with tight controls and whose strategic decision making is concentrated at headquarters
c.
A situation in international marketing when the market has been read incorrectly
d.
A situation where the government of a country permits all the activities of a foreign company in that country


Answer: B