Sales Volume Variances Can Have Significant Implications for Strategic Management

question 26

Multiple Choice

Sales volume variances can have significant implications for strategic management. An unfavorable sales volume variance may indicate that:

• A) The industry is in decline.
• B) The company needs a new competitive strategy.
• C) Product mix changes are favorable but quantity variances are unfavorable.
• D) Labor productivity needs to be addressed.

---

Definitions:

Emotional Development

The process through which individuals learn to recognize, express, and manage their emotions over their lifespan.

Troubled Relationship

A relationship characterized by ongoing conflicts, misunderstandings, and issues that distress the involved parties.

Widow

A woman who has lost her spouse by death and has not remarried.

Concentrate

To focus one's attention or mental effort on a specific object, task, or activity.