_____ Is an Outcome of Organizational Learning

question 55

Multiple Choice

_____ is an outcome of organizational learning.

• A)Financial strength
• B)Increased customer satisfaction
• C)Continuous process improvement
• D)All of these answers are correct

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Definitions:

Materials Quantity Variance

The difference between the expected and actual quantities of materials used in production, valued at the standard cost.

Production Department

A division within a company that is responsible for the manufacture of goods.

Investigation

The systematic examination or inquiry into something to establish facts and reach new conclusions.

Materials Price Variance

It measures the difference between the actual cost of materials used in production and the expected (standard) cost.