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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2060 |
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If goals are set taking into account the company’s culture, it ensures the success of MCS since most of the employees’ behaviour can be directed towards the set goals. Weakness: Flamholtz under-invests in the pervasive impact culture and structure has on the optimal control system. Although he provides diagrams, such as the schematic representation of MCS (Figure 1) to portray this idea, he does not provide sufficient explanation...
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Weakness: Flamholtz under-invests in the pervasive impact culture and structure has on the optimal control system. Although he provides diagrams, such as the schematic representation of MCS (Figure 1) to portray this idea, he does not provide sufficient explanation. Culture, particularly that of fear, plays a crucial role as it increases the likelihood of MBO and fraudulent financial reporting from this model [see section (b...
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