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.

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

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Concept explainers

Organizational Development

A systematic and consistent change in the values or business operations to create overall growth in an organization is referred to as organizational development. It distinguishes itself from routine operations and workflow enhancements. It follows a methodology that management should openly explain business objectives to all workers.

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.

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