Which of the following may be done as corrective action in the control process?

A. Evaluate performance.
B. Revise standards.
C. Compare performance to standards.
D. Align processes with goals.
E. Establish standards.


B. Revise standards.

In the corrective action step, when performance falls short of the standard, managers should examine the reasons why and take appropriate action. Sometimes it may turn out the standards themselves were unrealistic, owing to changing conditions, in which case the standards need to be altered.

Business

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Management can expect various benefits to follow from implementing a system of strong internal control. Which of the following benefits is least likely to occur?

a. reduced cost of an external audit. b. prevents employee collusion to commit fraud. c. availability of reliable data for decision-making purposes. d. some assurance of compliance with the Foreign Corrupt Practices Act of 1977. e. some assurance that important documents and records are protected.

Business

Identify and describe the four types of organizational justice.

What will be an ideal response?

Business

When the payroll is paid, withheld payroll taxes become a(n) ________ to the employer

a. liability b. asset c. revenue d. expense

Business

According to your textbook, in the __________ perspective of communications, the language employed in the communication that occurs within the organization shapes and constructs our organizational reality.

a. Communication science b. Culture c. Power d. Discursive

Business