When Using Management by Exception,managers Investigate Only Those Variances That

question 214

True/False

When using management by exception,managers investigate only those variances that are unfavorable.

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Definitions:

Detection Paradigm

The detection paradigm is a method in psychological research focusing on the ability of subjects to detect a stimulus under different conditions to study perception and cognition.

Perceptual Set

An expectation of what will be perceived, which can affect what actually is perceived.

Absolute Threshold

The minimum intensity of a stimulus that is required to be detected at least 50% of the time by a subject.

Difference Threshold

The minimum noticeable difference that a person can detect between two stimuli 50% of the time; also known as the just noticeable difference (JND).