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An examiner of trainee chefs wanted to look at the underlying constructs of their 12 core culinary skills assessments.They ran a factor analysis with varimax rotation on the scores of the 12 assessments.Looking at the rotated factor matrix from their output below,what would be a good label for factor 2?
Management
The process of planning, organizing, leading, and controlling an organization's resources to achieve specific goals.
Variable Costing
A costing method that includes only variable costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of a unit of production, excluding fixed overhead.
Operating Income
Earnings from a company's core business operations, excluding deductions of interest and taxes.
Variable Costing
An accounting method where only variable production costs are charged to product units, excluding fixed overhead costs.
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