Think of one corporate transaction, whether financial or non-financial, that may take place in any level of. Indicate one possible objective of this transaction, then, provide a control to ensure that such transaction will run smoothly and achieve its objective. Explain briefly how your suggested control helps the transaction achieve its objective. You may suggest a control already implemented by certain organizations, or vou may develop your own control.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
Think of one corporate transaction, whetherfinancial or non-financial, that may take place in any level
of. Indicate one possible objective of this transaction, then, provide a control to ensure that such
transaction will run smoothly and achieve its objective. Explain briefly how yoursuggested controlhelps
the transaction achieve its objective. You may suggest a control already implemented by certain
organizations, or you may develop your own control.
Transcribed Image Text:Think of one corporate transaction, whetherfinancial or non-financial, that may take place in any level of. Indicate one possible objective of this transaction, then, provide a control to ensure that such transaction will run smoothly and achieve its objective. Explain briefly how yoursuggested controlhelps the transaction achieve its objective. You may suggest a control already implemented by certain organizations, or you may develop your own control.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Organizational development
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON