Management Study Set 4
Quiz 14: Control
The External Environment Is the Least Significant Factor Affecting Whether
The external environment is the least significant factor affecting whether a strategic control system can be set up.
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Tactical controls involve the fundamental control arrangements of the organization,those with which its members have to live day to day.
The financial ratio of liquidity indicates how well the organization can meet its long-term financial obligations.
The break-even point is the amount of a product that must be sold to cover a firm's fixed and variable costs.
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