Question

Crystal Jongeward stated: ""We review our operations on an ongoing basis. We make adjustments to meet the evolving needs of our customers and run our businesses effectively."" This indicates that Toronto-Dominion Bank is engaged in what kind of control system? Multiple Choice Traditional Behavioral Information Incorrect Contemporary Normative

Answer 1

This indicates that Toronto-Dominion Bank is engaged in "contemporary" kind of control system.

Option: D

Explanation:

Contemporary suggests contributing to the same duration of time and to a better understanding-it is a business environment with a large competitive market that continues to change at a very rapid pace and the holder of such company must be sufficiently qualified to recognize the necessities and innovations that need to be made in business in order to catch the rapid response of businesses.

The defining feature of contemporary control systems is a focus on consistently evaluating the climate of the business and adjusting accordingly. The declaration by Jongeward suggests that the Toronto-Dominion Bank is employed in this kind of regulation.