Informal controls are of no importance

Question

Quizplus · Accepted Answer

The statement "Informal controls are of no importance" is false. Informal controls, such as culture and norms, are important in influencing behavior and shaping organizational values. The levers of control approach to strategy implementation, developed by Robert Simons, consists of four types of controls: diagnostic, interactive, boundary, and belief systems. These controls work together to align organizational behavior with the strategic objectives of the company. The approach emphasizes the importance of both formal and informal controls and their interplay in achieving strategic goals.

Informal Controls Are of No Importance