Production budgets and time projections are examples of: c. Operational budgets Operational budgets focus on the day-to-day operations of a business, including production levels, sales forecasts, and the necessary resources to carry out those operations.

The characteristic of an effective control system referred to here is: **b. Simplicity** This point highlights the importance of ensuring that the control system is straightforward enough so that its implementation does not outweigh the benefits it provides.

For Question 17, the most appropriate answer is: **b. ratio analysis** Ratio analysis is a tool that management can use to assess financial performance against budgeted figures, thereby applying financial control. For Question 18, the best choice is: **c. Determine whether the size of the differences substantiates additional investigation.** This option reflects a strategic approach to understanding discrepancies between actual performance

To complement the budget, management can use **b. ratio analysis** to apply financial control.

d. Market share

The option that is NOT typically considered a key area of control in the context of resource management is: **c. Tangible resources** While tangible resources can fall under categories like physical resources or financial resources, it is not commonly listed as a standalone key area of control in management contexts. The other options (human resources, physical resources, and financial resources) are recognized key areas of control.

c. Ineffective internal controls

The correct answer is: **c. Measuring actual performance** In this step, you would assess the actual financial performance of the company and identify that it has deteriorated over the years. This measurement serves as the basis for further analysis and comparison with the established standards.

Мотивационное мировоззрение старшего школьника представляет собой сложную систему убеждений, ценностей, целей и установок, которые влияют на его поведение, учебную деятельность и жизненные выборы. Основные компоненты этой структуры можно

The fourth step in the control process is **a. taking corrective action**. The typical order of the control process is: 1. Setting performance standards 2. Measuring actual performance 3. Comparing actual performance with standards 4. Taking corrective action (if necessary) to address any discrepancies.

The most important advantage of a budget is that **a. it facilitates effective control by placing a monetary value on operations**.

This is an example of **c. virtual** teams. Virtual teams operate across geographic boundaries and rely on technology to communicate and collaborate, which aligns with the description of regional managers meeting electronically.

The correct answer is **a. Authority**. Authority is the power an individual has because others believe that he or she possesses the "right" to influence them and that they ought to obey.

The correct answer is: b. task; formal In this context, the group is formed for a specific purpose (to investigate a management system) and is structured, which qualifies it as a formal group. Additionally, since it is formed to accomplish a specific task, it is also identified as a task group.

The leadership function that Thabo is performing by assigning responsibility and authority to achieve organizational objectives is: **d. Delegation** Delegation involves assigning tasks and responsibilities to others while providing them with the authority to perform those tasks.

The statement that is NOT correct regarding Maslow’s hierarchy of needs is: **d. All managers have self-actualisation needs to satisfy throughout the business.** While self-actualization is the highest level of Maslow's hierarchy and refers to realizing one's potential, not all individuals, including managers, are necessarily focused on self-actualization at all times or in all contexts. People's needs can fluctuate based on circumstances and

Sipho possesses **c. expert** power. This is because his depth of knowledge and respected status in the retirement fund industry indicate that he has expertise that gives him influence and credibility among his peers.

The leadership of this organisation exercises **b. reward** power to motivate their employees. Reward power is based on the ability to give rewards, such as bonuses and awards, to those who meet certain criteria or targets.