If bureaucratic and market mechanisms are insufficient for directing a company's workforce in today's environment, it should turn to structural control.

Answer the following statement true (T) or false (F)


False

Control systems based solely on bureaucratic and market mechanisms are insufficient for directing today's workforce. There are several reasons for this: employees' jobs have changed, the nature of management has changed, and the employment relationship has changed. But this does not mean giving up control. It means creating a strong culture of high standards and integrity so that employees will exercise effective control on their own. This is known as clan control. Clan control involves creating relationships built on mutual respect and encouraging each individual to take responsibility for his or her actions.

Business

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The term net worth is a more accurate term than owner's equity because assets are recorded at original cost rather than at current value

Indicate whether the statement is true or false

Business

Explain why competitive advantages are temporary.

What will be an ideal response?

Business

Which of the following is true about a trustee's duties?

A. He cannot sell the debtor's nonexempt property. B. He cannot have the debtor's property appraised. C. He represents the debtor in bankruptcy proceedings. D. He examines the claims filed by various creditors.

Business

Which of the following factors influencing the business buying process do marketers typically find most difficult to assess?

A) economic B) technological C) interpersonal D) organizational E) environmental

Business