Why are effective strategic control systems so important in today’s economy?

Chapter 9

1. Why are effective strategic control systems so important in today’s economy?


2. What are the main advantages of “contemporary” control systems over “traditional” control systems? What are the main differences between these two systems?


3. Why is it important to have a balance between the three elements of behavioral control—culture; rewards and incentives; and, boundaries?


4. What is the  role of corporate governance mechanisms in ensuring that the interests of managers are aligned with those of shareholders from both the United States and international perspectives?
   
   
   
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