- Do you agree with the following statement: "If specific knowledge about, for example, the different markets in which the firm operates is widespread throughout the organization, this typically implies a greater emphasis on management control?" Explain your answer with a maximum of 40 words (4 points max). - Do you agree with the following statement: "Action controls are more suitable in firms where top-level management has extensive working experience in various divisional management positions throughout the organization?" Explain your answer with a maximum of 40 words (4 points max). - Do you agree with the following statement: "If strong interdependencies between operations of different divisions exist, it is more useful to use divisional performance measures instead of firm-level measures for performance evaluation?" Explain your answer with a maximum of 40 words (4 points max). - Do you agree with the following statement: "When retail store managers are obliged to report their sales figures on a daily basis to their superior manager, this may be interpreted as a relatively tight control?" Explain your answer with a maximum of 40 words (4 points max). . Sandino (2007) distinguishes in her paper different types of management control systems, where 'basic management control systems' are utilized in most firms. Do you agree with the following statement: "Basic management control systems are a good representation of contingency theory?" Explain your answer with a maximum of 40 words (4 points max). - Do you agree with the following statement: "Firms that use a cost-leadership strategy (opposed to a differentiation strategy) typically put a greater emphasis on nonfinancial performance measures for performance evaluation and compensation purposes?" Explain your answer with a maximum of 40 words (4 points max). - Do you agree with the following statement: "Firms that emphasize the importance of coordination between different organizational units in their budgeting systems will typically have a higher fraction of managers that achieve their (sales) targets?" Explain your answer with a maximum of 40 words (4 points max). . Banker et al. (2000) report for their hotel chain sample that nonnancial measures are predictive of future financial performance. Provide two main reasons (max. 50 words) why the use of nonfinancial performance measures in evaluation and compensation systems may lead to dissatisfactory outcomes (6 points max). . Which measure would you regard as more congruent for a top-level manager, stock market returns or firm profit? Explain your answer with a maximum of 40 words (4 points max). 10. Do you agree with the following statement: "Performance measures such as profit facilitate the delegation of decision rights towards divisional managers to a greater extent, compared to nonfinancial performance measures such as customer