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Sales-mix variance = $250,000 (F) ,sales-volume variance = $4,50,000 (U) ,flexible-budget variance = $200,000(F) ,market-size variance = $30,000(U) ,calculate the sales-quantity variance.
Overpromotion Syndrome
The situation that occurs when an employee is promoted beyond their level of competence, often leading to stress and performance issues.
Employee Morale
A rephrased version of Morale Building that focuses on the confidence, enthusiasm, and satisfaction levels of individuals within an organization, significantly impacting productivity and retention.
Laurence J. Peter
A Canadian educator and "hierarchiologist" best known for formulating the Peter Principle, which posits that people in a hierarchy tend to rise to their level of incompetence.
Top Managers
Individuals who hold the highest level of managerial roles in an organization, responsible for setting strategic goals and making overarching decisions.
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