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David McClelland in his theory on the motivations for human behaviour.It is the desire to do things well and overcome obastacles. It is called
Actual Level
Refers to the current, real-life status or quantity of a specific variable or condition, as opposed to projected or theoretical levels.
Controlled Costs
Expenses that a company can manage or influence directly.
Static Planning Budget
A budget based on a fixed set of assumptions and output levels, without adjustments for actual activity or performance.
Variable Costs
Costs that change in proportion to the level of activity or volume of production in a business, such as materials and labor.
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