Skip to main content
Sign in Register
Question no. 130

When individuals and groups collaborate to reach a common objective, this is known as _________?

Select your answer for: When individuals and groups collaborate to reach a common objective, this is known as _________?
Show answer

Answer: B. goal congruence

Explanation

Goal congruence occurs when individuals and groups collaborate harmoniously to achieve common organizational objectives. It ensures that personal efforts align with the overarching mission and targets of the enterprise. This alignment reduces internal conflict and boosts productivity. Achieving goal congruence is a major challenge in organizational design and incentive compensation planning. When employees pursue their own interests at the expense of the company, goal incongruence arises. Performance measurement systems are designed specifically to encourage congruence.

Effective management control systems align employee bonuses with corporate profitability targets to foster goal congruence. This harmony drives cohesive teamwork across different departments within the firm. It is essential for long-term strategic success and corporate governance. Motivation refers to the internal drive and effort level of individuals, not alignment. Effort is simply the energy expended, and autonomy represents independence rather than shared alignment.

Category
Accounting
Topic
—
Difficulty
medium

Related questions

Q1. A manager who oversees both costs and revenues is in charge of the department of

Select your answer for: A manager who oversees both costs and revenues is in charge of the department of
Show answer

Answer: C. profit center

A profit center manager is responsible for both the costs incurred and the revenues generated by the department. Performance is evaluated based on the net operating income produced by the unit. This contrasts with center...

Q2. How is the performance of a product relative to its design and specifications categorized ___________?

Select your answer for: How is the performance of a product relative to its design and specifications categorized ___________?
Show answer

Answer: C. conformance quality

Conformance quality measures how closely a manufactured product matches its original design and specifications. It evaluates whether the final output is free from defects and built according to engineering blueprints. Hi...

Q3. Which useful method for generating precise predictions of future expenses is considered a component of ___________?

Select your answer for: Which useful method for generating precise predictions of future expenses is considered a component of ___________?
Show answer

Answer: C. cost estimation

Cost estimation is the systematic technique used to generate precise predictions of future expenses. It forms a critical component of overall cost management, budgeting, and financial planning. Accurate estimation helps...

Q4. What method for fitting a regression line by minimizing the sum of the squared vertical deviations is called __________?

Select your answer for: What method for fitting a regression line by minimizing the sum of the squared vertical deviations is called __________?
Show answer

Answer: B. least square technique

The least square technique minimizes the sum of squared vertical distances between data points and regression lines. Squaring these vertical deviations ensures that positive and negative errors do not cancel each other o...

Q5. A distinct item or unit for which a dedicated revenue measurement must be performed is called __________?

Select your answer for: A distinct item or unit for which a dedicated revenue measurement must be performed is called __________?
Show answer

Answer: B. revenue object

A revenue object represents any specific entity that requires a separate measurement of revenue. This allows managers to track financial inflows accurately down to granular levels of the business. Defining this object co...

Q6. Which record detailing the materials used for a particular product in a given department is classified under __________?

Select your answer for: Which record detailing the materials used for a particular product in a given department is classified under __________?
Show answer

Answer: C. material acquisition method

A record of the materials used for a specific product in a department is a bill of materials or requisition, not a material acquisition method, so none of the options fits well.