Managers should do nothing if the variance observed from the standard is acceptable.

Name: Managers should do nothing if the variance observed from the standard is acceptable.
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Question

Quizplus · Accepted Answer

If the variance observed from the standard is within an acceptable range, there is no need for the manager to take any action. It is only when the variance is beyond the acceptable range that managers need to investigate the cause and take corrective action.

Managers Should Do Nothing If the Variance Observed from the Standard