Question

What control technique(s) were used over the years according to the old control technique(s)?

A) Unity of policies
B) Break-even analysis
C) Budgetary control
D) All of the above

Answer 1

Control techniques used over the years include Unity of policies, Break-even analysis, and Budgetary control, which help ensure organizations meet their objectives, understand their cost structures, and maintain profitable operations.

Step-by-step explanation:

Control techniques that have been used over the years include Unity of policies, Break-even analysis, and Budgetary control. These methods are part of the strategic and operational practices in business management. Unity of policies ensures that all actions adhere to the main objectives of the organization. Break-even analysis is a financial calculation to determine the point at which revenue received equals the costs associated with receiving the revenue, enabling a company to ascertain profit potential and cost-structure efficiency. Budgetary control involves monitoring a company's income and expenditure against its budget, ensuring that the company does not exceed its spending limits and maintains a profitable operation.