Chapter 14
Chapter 14
3. What was the primary reason for using Excel initially to track sales?
a) It was the most sophisticated software available
b) It was user-friendly and required no training
c) It was simple, low-cost, and met initial needs
d) It was mandated by company policy
4. What is the most critical aspect of the control challenge for managers?
a) Implementing strict rules and regulations
b) Striking a balance between too much and too little control
c) Eliminating all risks and uncertainties
d) Maximizing employee freedom
11. What is the role of judgment in the "Evaluate Results and Take Action" step?
a) Determining whether a deviation from expectations is significant
b) Setting performance standards
c) Measuring performance accurately
d) Implementing corrective actions effectively