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Arbery Fudge Company, Inc. engages in the production and marketing of fudge candy in the United ...

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Arbery Fudge Company, Inc. engages in the production and marketing of fudge candy in the United ...

Arbery Fudge Company, Inc. engages in the production and marketing of fudge candy in the United States. The company believes in continuous improvement and constantly evaluates the effectiveness of the control strategies that the managers use. Which of the following situations would necessitate the use strategic control for evaluation?
A) The organization has current liabilities greater than the current assets. The managers are analyzing the situation to make a decision on whether or not to increase liquidity.
B) The competition in the confectionery market has increased significantly in the recent past and management is planning to revamp its competitive approaches.
C) The organization wants to implement a system for formalizing reporting at various levels in an organization.
D) The organization has to perform a task in a relatively limited time frame to help one of its key distributors make use of an important opportunity.

Textbook

Management

Edition: 3^rd

Authors: Hitt, Black, Porter

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