06_AdditionalStudyQuestions

06_AdditionalStudyQuestions - ACC 333(Farrell Class 06 Fall...

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ACC 333 (Farrell) Class 06 Fall 2011 Page 1 of 2 Additional Study Questions Decision Management and Control 1. What are the four steps involved in making a decision, and what do they each mean? 2. What is meant by “decision management” and “decision control”? Typically, what parties within an organization are responsible for each? 3. Why do firms separate decision management and decision control? When might firms not separate these parts of a decision? 4. (a) List three broad types of decision control systems that are found in organizations. (b) What is an "alienable right"? Who holds the alienable rights in an open corporation? Who holds the alienable rights in a not-for-profit organization (such as a charity)? (c) Select one of the types of decision control systems that you listed in (a). How do differences in who holds the alienable rights change the use of that system in a not-for-profit organization compared to an open corporation? Explain.
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ACC 333 (Farrell) Class 06 Fall 2011
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This note was uploaded on 03/19/2012 for the course ACCACC 333 taught by Professor Anne during the Fall '11 term at Miami University.

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06_AdditionalStudyQuestions - ACC 333(Farrell Class 06 Fall...

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