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In Their Interpersonal Role,managers Act as the Nerve Centres of Their

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In their interpersonal role,managers act as the nerve centres of their organizations,receiving the most concrete,up-to-date information and redistributing it to those who need to be aware of it.


Definitions:

Supervisory Salaries

Financial compensation awarded to employees who are in charge of overseeing and managing other workers.

Machine Hours

A measure of the amount of time a machine is operated, used as a basis for allocating factory overhead costs to products.

Standard Cost

A predetermined cost of manufacturing a product or performing a service, used as a benchmark to measure performance.

Direct Labor

The cost of the work performed by employees directly involved in manufacturing a product or providing a service.

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