What are the two primary types of control systems that can be used to guide managerial decision-making?
A) business process controls and learning and growth controls
B) institutional controls and monetary controls
C) financial controls and strategic controls
D) cultural controls and performance appraisal

Question

Quizplus · Accepted Answer

The two primary types of control systems that can be used to guide managerial decision-making are financial controls and strategic controls. Financial controls involve monitoring financial resources to ensure that they are being used effectively and efficiently, while strategic controls involve monitoring the overall direction of the organization and ensuring that it is aligned with the organization's mission and goals. Business process controls and learning and growth controls are subsets of strategic controls, and institutional controls and performance appraisal are not considered primary types of control systems.

What Are the Two Primary Types of Control Systems That