Control helps managers build competitive advantage.

Question

BlackTom AI · Accepted Answer

Consider the assertion about management control and competitive advantage, and examine each option carefully.
Option 1: True. The idea here is that control systems help align actions with strategy, monitor performance, and enable timely adjustments. By reducing deviations from plans, improving operational efficiency, and fostering accountability, control can contribute to sustaining a competitive edge. Effective controls support strategic execution, not just compliance, which in turn helps a firm outperform rivals over time.
Option 2: False. If someone argues this statement is false, they might claim that control is purely administrative or that it stifles innovation. However, control does not inherently limit flexibility; when designed well, it provides feedback that informs decision-making and strategic refinement. The misconception is equating control with rigidity rather than viewing it as a mechanism for steering performance toward strategic goals.
Option 3: True (if one emphasizes only short-term gains). While immediate performance metrics can improve with control, the broader claim is about competitive advantage, which requires sustained alignment and adaptability. Control contributes to this by enabling consistent execution and rapid response to changing conditions. The nuance here is recognizing that control is a tool for reinforcing advantages rather than a standalone guarantee of superiority.
Option 4: False (if one limits control to financial metrics). Some would argue that control should focus solely on financial indicators, but comprehensive control systems incorporate strategic, operational, and non-financial measures as well. Limiting control to money terms misses the broader role of control in steering competitive capability, customer value, and process excellence.
In summary, understanding control as a steering mechanism that aligns resources, metrics, and actions with strategic goals helps explain why it can build and sustain competitive advantage, while recognizing common misunderstandings about rigidity or narrow metric focus clarifies why some objections are misguided.

MGS203008.2025FA POM TEST #2 Chapters 7,8,10,11,12- Requires Respondus LockDown Browser

Control helps managers build competitive advantage.

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Question at position 17 A key requirement for successful expert control is that:The firm avoids using any internal knowledgeThe expert works independently without inputSuitable experts exist and can be hired or contractedThe task has ambiguous objectives

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Why is controlling important in management?

A control process begins with

During the conversion stage, managers use _______ control to recognize when problems are arising.

In the controlling function, what will exist to prompt the company to determine the reason and take corrective action?

What is the primary purpose of controlling in management?

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MGS*2030*08.2025FA POM TEST #2 Chapters 7,8,10,11,12- Requires Respondus LockDown Browser

Control helps managers build competitive advantage.

查看解析

登录即可查看完整答案

类似问题

Question at position 17 A key requirement for successful expert control is that:The firm avoids using any internal knowledgeThe expert works independently without inputSuitable experts exist and can be hired or contractedThe task has ambiguous objectives

Question at position 9 Which situation best fits trial-and-error control?Hiring a consultant to install advanced technologyPerforming repetitive store openings in unfamiliar marketsHiring more staff to reduce workloadMaintaining equipment according to strict rules

Why is controlling important in management?

A control process begins with

During the conversion stage, managers use _______ control to recognize when problems are arising.

In the controlling function, what will exist to prompt the company to determine the reason and take corrective action?

What is the primary purpose of controlling in management?

更多留学生实用工具

希望你的学习变得更简单

MGS203008.2025FA POM TEST #2 Chapters 7,8,10,11,12- Requires Respondus LockDown Browser