What Should Be the Reaction of Upper Level Managers When

question 11

Multiple Choice

What should be the reaction of upper level managers when a difference between budgeted and actual sales exists?

• A)The difference should be investigated if it is unfavourable.
• B)The difference should be ignored since economic conditions affect sales and cannot be controlled by the company's managers.
• C)It depends on whether the difference is material or not.
• D)It depends on management personalities.

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Definitions:

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A term describing elements or phenomena that are connected in a measurable or observable way, independent of personal feelings or opinions.

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Professionals who study the structures and dynamics of networks (social, technological, or biological) to understand how nodes within the network interact.

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Methods or theories that focus on how things should be or what is considered normal or acceptable within a society.

Social Context

The environment of people, institutions, and culture that surrounds and influences the behavior of an individual or group.