Firms may best select problems for control by using:
A)the hierarchy of effects model.
B)Maslow's hierarchy of needs.
C)the expected effects matrix.
D)perceptual mapping models.

Question

Quizplus · Accepted Answer

The expected effects matrix provides a framework for selecting problems for control by examining the potential effects of the problem on business objectives and stakeholders. It allows firms to prioritize problems based on their potential impact, likelihood of occurrence, and feasibility of control. The other options listed are not relevant to selecting problems for control.

Firms May Best Select Problems for Control by Using