During challenging times when resources are limited and budgets need to be stretched, _____ control becomes even more important for survival.
A) individual
B) managerial
C) consumer
D) customer
E) stakeholder

Question

Quizplus · Accepted Answer

During challenging times when resources are limited and budgets need to be stretched, it is important for managers to control costs and make sure that resources are being used effectively to ensure the survival of the organization. Individual control or consumer control may be important for personal budgeting but is not as relevant in organizational survival. Customer and stakeholder control may be important for long-term success, but in the immediate term, managerial control is key.

During Challenging Times When Resources Are Limited and Budgets Need