Quantitative Variables Assume Meaningful ________, Whereas Qualitative Variables Represent Some

question 130

Multiple Choice

Quantitative variables assume meaningful ________, whereas qualitative variables represent some ________.

• A) categories, numeric values
• B) numeric values, categories
• C) categories, responses
• D) responses, categories

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Definitions:

Feedforward Controls

A managerial control strategy focusing on regulating inputs (rather than outputs) to ensure that they meet required standards before the work process begins.

Feedback Control

A management technique in which performance is measured and compared against desired outcomes, and adjustments are made as necessary to achieve objectives.

Budget Overruns

Situations where the actual spending on a project or operation exceeds its initially planned or allocated budget.

Formal Administrative System

The structured procedures, processes, and roles established within an organization to achieve efficiency, effectiveness, and adherence to regulations.