A Value Characterized by People's Intolerance for Unpredictability and Ambiguity

question 64

Short Answer

A value characterized by people's intolerance for unpredictability and ambiguity and resulting support for beliefs that promise certainty and conformity refers to _____.

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Definitions:

Actual Costs

The real expenses that a company incurs in producing goods or services.

Standard Costs

Predetermined costs assigned to goods and services, used as a benchmark for evaluating actual production costs.

Efficiency

The degree to which a process uses resources optimally to achieve a desired outcome.

Standards

Established norms or criteria in various fields that act as a basis for comparison or compliance.