Explain Why Sales-Volume Variance Could Be Helpful to Managers

question 39

Essay

Explain why sales-volume variance could be helpful to managers.

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Definitions:

Fundamental Attribution Error

is a cognitive bias where an individual underestimates situational factors and overestimates personal characteristics when explaining others' behaviors.

Internal Factors

Elements within an organization or individual that affect performance, decisions, and outcomes.

Role Conflicts

Situations where there are contradictory expectations or demands associated with a single role or between multiple roles held by an individual.

Role Ambiguities

Uncertainty faced by individuals when the expectations and responsibilities of their role are not clearly defined.