Question : Which control technique involves using competition to regulate performance?
Option 1: Bureaucratic control.
Option 2: Market control.
Option 3: Clan control.
Option 4: Strategic control.

Question

Question : Which control technique involves using competition to regulate performance?

Option 1: Bureaucratic control.

Option 2: Market control.

Option 3: Clan control.

Option 4: Strategic control.

Team Careers360 · Accepted Answer

Correct Answer: Market control.

Solution : The correct answer is (b) Market control.

Market control is a control technique that involves using competition to regulate performance. It relies on market forces and competitive dynamics to influence and regulate the behavior and performance of individuals and organizations. In market control, performance is monitored and evaluated based on market outcomes such as sales, market share, profitability, and customer satisfaction.

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Question : Which control technique involves using competition to regulate performance?Option 1: Bureaucratic control.Option 2: Market control.Option 3: Clan control.Option 4: Strategic control.

Related Questions

Question : Which control technique involves dividing an organization into smaller, manageable units?

Question : Statement 1: Market control involves using market competition to regulate performance. Statement 2: Market control is suitable for organizations with a hierarchical structure.

Question : A control system that relies on external audits is an example of:

Question : Case Study 7: RST Motors is an automobile manufacturer. The company wants to implement an effective control system to ensure that its production processes meet the required quality standards. Question: Which control

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Question : Which control technique involves using competition to regulate performance?
Option 1: Bureaucratic control.
Option 2: Market control.
Option 3: Clan control.
Option 4: Strategic control.

Question : Statement 1: Market control involves using market competition to regulate performance.

Statement 2: Market control is suitable for organizations with a hierarchical structure.

Question : Case Study 7:

RST Motors is an automobile manufacturer. The company wants to implement an effective control system to ensure that its production processes meet the required quality standards.

Question:

Which control

Question : Case Study 14:

RST Motors is an automobile manufacturer. The company wants to implement an effective control system to ensure that its production processes meet the required quality standards.

Question:

Which control