Which Among the Following State That Managers Should Concentrate Their

question 38

Multiple Choice

Which among the following state that managers should concentrate their efforts on matters that deviate significantly from normal and let subordinates handle routine matters?

• A) Acceptance theory
• B) Span of management
• C) The tapered concept of authority
• D) Management by exception
• E) Parity principle

Understand the concept of mixed costs and how to categorize costs into fixed and variable.

Apply the least-squares regression method to estimate cost formulas.

Prepare a budgeted income statement using the contribution format.

Determine the break-even point in total dollars for a company and analyze the effect of changes in the sales mix on this point.

---

Definitions:

Product Design

The process of creating new products by conceiving, designing, and iterating, focusing on both functionality and appearance.

Boats

Small to medium-sized vessels primarily designed for the transportation of people or goods across water bodies, differing in terms of size, shape, and capacity.

House of Quality

A part of the Quality Function Deployment process that translates customer requirements into appropriate technical requirements for each stage of product development and production.

Competitive Assessment

The evaluation of competitors in terms of their strengths, weaknesses, opportunities, and threats to identify one's own competitive advantage.