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As a production manager of Great Golf Products (GGP) ,Hannah believes that her employees are capable of self-direction and self-control.She also believes that they are committed to GGP's objectives since they are rewarded for doing so.According to Douglas McGregor's system,Hannah can be described as a:
Cost Volume Profit
An accounting technique used to analyze how changes in cost and volume affect a company's operating income and net income.
Cost Driver
A factor that incurs costs, as its presence or level of activity directly affects the total cost of an activity or product.
Inventory Levels
The quantity of goods and materials a company has in stock at a given time, crucial for meeting customer demand and planning production.
Contribution Margin Ratio
A financial metric that indicates the portion of sales revenue that exceeds variable costs and contributes to covering fixed costs and generating profit.
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