Setting a company\'s price and quality standards: Should ___________ productivit
ID: 2449439 • Letter: S
Question
Setting a company's price and quality standards:
Should ___________ productivity and efficiency.
May be based on ____________input.
Management by exception:
Attempts to find the _________ of problems and correct them.
Only investigates ___________ variances.
Uses performance ____________.
Variances should be isolated and brought to management's attention _______________.
Management does not have ____________to track insignificant differences and the cost of investingating some variances could be _______________ than the cost of the variance itself.
Explanation / Answer
Setting a company's price and quality standards:
Should ___empasize/focus on________ productivity and efficiency.
May be based on ____customer________input.
Management by exception:
Attempts to find the __root cause_______ of problems and correct them.
Only investigates __significant_________ variances.
Uses performance _metrics/evaluation___________.
Variances should be isolated and brought to management's attention _immediately______________.
Management does not have ____time________to track insignificant differences and the cost of investingating some variances could be _____more__________ than the cost of the variance itself.
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