____________________ Is the Attainment of Organizational Goals in an Effective

question 56

Short Answer

____________________ is the attainment of organizational goals in an effective and efficient manner through planning, organizing, staffing, directing, and controlling organizational resources.

Comprehend key psychological biases and their implications in everyday life settings, including self-effacing bias and fundamental attribution error.

Recognize the components and functions of attitudes in shaping human behavior and social interactions.

Distinguish between individualistic and collectivistic cultural orientations and their effects on social behavior and attitudes.

Identify the processes and factors influencing attitude change and the relationship between attitudes and behavior.

---

Definitions:

Activity Variance

The difference between the budgeted cost of activities and the actual cost incurred.

Fixed Cost

Costs that do not vary with the volume of production or sales, remaining constant regardless of the level of business activity.

Wages And Salaries

Compensation paid to employees for their labor, including both hourly wages and fixed salaries.

Activity Variance

A measure used in budgeting and accounting to compare actual activity levels to predetermined expectations or standards.