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Variances Could Arise: A

question 2

Short Answer

Variances could arise: a. During the normal course of operations because a machine unexpectedly breaks down.
B) Because of a permanent change in the firm's operating environment such as a competitor introduces a new product.
C) Because budgets or standards are either too tight or too loose.
D) Both A and
B) e. A, B, and
C)


Definitions:

Emerging Adulthood

The time period from about 18 to 25, which is characterized by the shift towards increasing independence and autonomy.

Ethnic Diversity

The presence of a wide range of cultures, ethnic groups, and races in a community or organization, leading to a variety of viewpoints and experiences.

Identity Issues

Refers to conflicts or uncertainties about one's role, goals, abilities, or social affiliations.

Discrimination

The unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

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