The Text Discusses Characteristics of the Japanese Approach to Management

question 26

Multiple Choice

The text discusses characteristics of the Japanese approach to management.Which of the following is not one of these characteristics?

• A)Japanese workers value group decision-making and problem solving.
• B)Japanese managers emphasize rapid promotions and career advancement.
• C)Japanese managers have a high-power distance.
• D)Japanese managers have a long-term orientation.
• E)None of the above

---

Definitions:

Normal Standards

Benchmarks or norms established for a business process or operation that are considered to be a typical or expected level of performance.

Total Manufacturing Cost Variance

The difference between actual manufacturing costs and the standard costs of those manufactured items.

Direct Labor Cost Variance

The difference between the budgeted or standard cost of direct labor and the actual cost incurred, used in variance analysis for cost control.

Factory Overhead Cost Variance

The difference between the actual overhead costs incurred and the expected (or standard) costs, relating to production.