Vidyalelo
Management · Q224

Management Accounting

Graduate and Post Graduate · Management · question 224

Q224

Formal information systems, used in organizations to focus company's learning and attention given to most important strategic issues are known as

A.
interactive control system
Answer
B.
belief systems
C.
boundary systems
D.
diagnostic control systems

Answer: Option A

Solution

Answer: Option A
Solution:
Formal information systems, used in organizations to focus company's learning and attention given to most important strategic issues are known as interactive control system. Interactive Control System is a management system used to provide strategic feedback, track new ideas, trigger new organizational learning, and to properly position the organization for the future: incorporating process data into management interaction, face-to-face meetings with employees, challenging data, assumptions and action plans of subordinates.