While the Sales Manager May Be Ecstatic to Learn He

question 109

Essay

While the sales manager may be ecstatic to learn he has beaten his sales goal,the production manager may not share that enthusiasm because having more sales than anticipated required overtime for workers and additional maintenance on some machinery.Managers use budgeting to control and evaluate their operations.Two types of budgets that are discussed in chapter 6 are the static budget and the flexible budget.How do the two budgets differ and explain how the flexible budget is used in evaluating performance.

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Definitions:

Frequency And Duration

Terms referring to how often an event happens (frequency) and the length of time it occurs (duration).

Type Of Treatment

refers to the specific method or approach used in therapy or medicine to address and treat various conditions or disorders.

Decision Rule

A guideline or principle for making choices between alternative courses of action.

Conceptualization

The process of creating a framework or model that explains a phenomenon or concept.