Statco, Inc., has struggled to meet projected revenues for each of the past ten quarters. The firm hired Mark Adams to design a control system and offer suggestions to improve the firm's performance. Which one of the following is a key activity that the proposed control system should perform? A) organizational planningB) organizational structuringC) performance measurementD) corporate governance

Question

Edward Cole

Business

3 June, 18:04

Statco, Inc., has struggled to meet projected revenues for each of the past ten quarters. The firm hired Mark Adams to design a control system and offer suggestions to improve the firm's performance. Which one of the following is a key activity that the proposed control system should perform? A) organizational planningB) organizational structuringC) performance measurementD) corporate governance

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Answers (1)

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Geovanni Rowe · Answer 1

D) corporate governance

Explanation:

Control systems are generally involved in corporate governance which ensures that set down rules are obeyed and complied with. One of the key benefits of corporate governance is the prevention of fraud. This can be effective through the operations such as internal control or audit.