Any business that faces the turbulent and complex business environments it is suggested that the use of strategic control by the traditional approach is certainly not appropriate in the situation.
The reason for the suggestion is that the primary drawback of traditional strategic control is its lack of flexibility and inability to deal with an environment change. 38. Contemporary approaches to strategic control rely primarily on A. feedback controls.
Chapter 09 - Strategic Control and Corporate Governance 41. Which of the following is NOT one of the characteristics of a contemporary control system? A. It is a key catalyst for an ongoing debate about underlying data, assumptions, and action plans.
a.It focuses on the processes an organization uses to transform resources into products or services. b.It is concerned with an organization's financial resources. c.It focuses on how effectively an organization's strategies are succeeding in helping the organization meet its goals.