Examlex
When developing a brand and its visual identity, all of the following are true except:
Normal Standards
Standards that represent levels of operation that can be attained with reasonable effort. Also called currently attainable standards.
Bonuses
Additional financial compensation awarded to employees as a reward for their performance.
Principle of Exceptions
A management principle focusing attention and resources on areas that deviate significantly from standards or expectations.
Standard Costs
Predetermined costs for materials, labor, and overhead used as a benchmark for evaluating actual production costs.
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