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Chapter 24: Q4RQ (page 1355)

What is goal congruence?

Short Answer

Expert verified

Goal congruence is the stage where the various departments of anorganizationshare common goal.

Step by step solution

01

Meaning of Organization

Organization refers to the association of people united mutually to accomplish common goals stated by the management.An organization comprises various divisions such as production, administration, marketing, and many more.

02

Meaning of goal congruence

The term goal congruence refers to a situation where the multiple levels of an entity, such as lower, middle, and upper levels, perform their activities for the accomplishment of the same goal. Goal congruence leads to the accomplishment of thestrategy of the organization.

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Most popular questions from this chapter

Fill in the blanks with the phrase that best completes the sentence.Some phrases may be used more than once and some not at all.

Phrases:

  • cost center
  • revenue center
  • investment center
  • lower
  • profit center
  • higher
  • responsibility center

1. The maintenance department at the local zoo is a(n)___________

2. The gift shop at the local zoo is a(n)____________

3. The menswear department of a department store, which is responsible forbuying and selling merchandise, is a(n)_______________

4. The production line at a manufacturing plant is a(n)

5. A( n)________________is any segment of the business whose manager isaccountable for specific activities.

6. A division of a beverage manufacturing company responsible for aparticular brand of soft drink is a(n)_______________

7. The sales manager in charge of a shoe company’s northwest sales territoryoversees a(n)

8. Managers of cost and revenue centers are at_____________ levels of theorganization than are managers of profit and investment centers.______

What is the biggest advantage of using RI to evaluate investment centers?

Question:The accountant for a subunit of Speed Sports Company went on vacation before completing the subunit’s monthly responsibility report. This is as far as she got:

Speed—Subunit X Revenue by Product Actual Results Flexible Budget Variance Flexible Budget Sales Volume Variance Static Budget

Downhill-RI \( 321,000 (a) (b) \) 17,000 F \( 295,000

Downhill-RII 151,000 (c) \) 161,000 (d) 145,000

Cross-EXI 285,000 \( 3,000 U 288,000 (e) 303,000

Cross-EXII 259,000 (f) 255,000 16,500 U 271,500

Snow-LXI 425,000 2,000 F (g) (h) 404,000

Total \) 1,441,000 (i) (j) (k) \( 1,418,500

Requirements

1. Complete the responsibility report for this subunit.

2. Based on the data presented, what type of responsibility center is this subunit?

3. Which items should be investigated if part of management’s decision criteria is to investigate all variances exceeding \)12,000?

List the advantages of decentralization.

How is the use of a balanced scorecard as a performance evaluation system helpful to companies?
See all solutions

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