Managers Could Choose to Do Nothing When ________

question 46

Multiple Choice

Managers could choose to do nothing when ________.

• A) an employee fails to attain the standard because of internal problems
• B) the difference between actual performance and standard performance is low and acceptable
• C) performance standards are acceptable, though the employees have not attained it
• D) the variance observed from the expected performance is caused due to unrealistic standards

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Definitions:

Looting

The act of stealing goods, typically during a war or riot.

Shareholder-Managers

Individuals who both own shares in a company and actively manage its operations or participate in strategic decision-making.

Personal Credit Card Bills

Statements issued to credit card holders outlining transactions, payments due, and other account activity for a billing cycle.

Annual Report

A comprehensive report on a company's activities, financial performance, and strategy, provided yearly to shareholders and the public.