What is the first and most basic component in a management control system?
A)the organization's long-range budget
B)the organization's goals
C)the stockholders' goals
D)the manager's personal desires

Question

Quizplus · Accepted Answer

The first and most basic component in a management control system is the organization's goals. These goals serve as a basis for decision-making and help to align the organization's efforts towards achieving its objectives. Without clearly defined goals, it becomes difficult to design effective control systems that can monitor performance and provide feedback on progress towards achieving these goals.

What Is the First and Most Basic Component in a Management