Examlex
A guideline for managing salesforce motivation would be to attempt to incorporate individual needs of salespeople into motivational programs.
Labor Rate Variance
The difference between the actual cost of labor and its expected cost based on standards or budgets.
Direct Labor Employees
Workers who are directly involved in the manufacturing of products, including those who operate machinery, assemble products, or perform manual labor that can be directly attributed to specific goods or services.
Favorable Variances
Differences between actual and budgeted or standard cost figures that are financially beneficial to a company.
Unfavorable Variances
Differences where actual results are worse than expected, often leading to higher costs or lower revenues.
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