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Gloria,a supervisor of data entry clerks,includes her subordinates in decision making when possible.She believes that most people can think of creative ways to solve work-related problems.Gloria's assumption about worker behavior is based on ________.
Management by Exception
A management strategy where only significant deviations from set standards are brought to the attention of management.
Variances
The differences between planned or expected financial outcomes and the actual results achieved.
Fixed Budget
A budget that outlines expected revenues and expenses over a specific period, which does not adjust in response to changes in business activity levels.
Static Budget
A budget that does not change or adapt to variations in business activity levels throughout the budgeting period.
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