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Suppose We Want to Track the Winning Lottery Numbers (Ranging

question 39

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Suppose we want to track the winning lottery numbers (ranging from 1 to 72) and count the number of times each number comes up over the course of a month. In this scenario, we would be wise to:


Definitions:

Variable Cost

Costs that vary directly with the level of production or service activity.

Decentralisation

The distribution of decision-making powers from central authority to lower-level employees or divisions in an organization.

Goal Congruence

A condition in which the goals of the company's various employees and departments align with the overall objectives of the organization.

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job or subject.

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