Which of the Following Is Likely to Be Related to an Unfavourable

question 116

Multiple Choice

Which of the following is likely to be related to an unfavourable direct materials price variance?

• A) Standard costs were determined correctly.
• B) the negotiating skills of the marketing manager
• C) unexpected price decreases in direct materials
• D) Actual direct material purchases were in larger quantities than normal, resulting in receiving volume discounts.
• E) Materials were purchased based on a competitive bid.

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Definitions:

Intense Competition

Refers to a market condition where companies or entities aggressively vie for customers, market share, or resources, often leading to innovative products and services but also aggressive marketing and strategic actions.

Complexity Leadership Theory

A framework that views leadership as a complex interplay between leaders, followers, and the organizational environment.

Emergent Processes

Natural or spontaneous development within systems that results from the interactions of simpler elements, often leading to complex outcomes.

Distributed Leadership Theory

A conceptual framework suggesting leadership roles are shared within a group or organization, rather than being vested in a single leader.