Examlex
Animals or people react to a secondary reward as they do to the original goal object.Tolman called this the ______.
Return on Investment
The ratio of net profit to cost of investment, indicating the efficiency of an investment in generating profit.
Responsibility Level
The scope of authority and accountability designated to individuals or departments within an organization, often related to budgeting and costs.
Controllable Costs
Costs that can be influenced or changed by management decisions in the short term.
Master Budget
A comprehensive financial planning document that consolidates all of a company’s individual budgets, including sales, production, and expenses, for a specific period.
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