In a chain of discount department stores, personnel needs are estimated in three different ways: (a) for a high demand season, (b) for a moderate demand season, and (c) for a slack season. By taking these three activity levels into account, managers are developing a:

Question

Quizplus · Accepted Answer

A flexible budget adjusts costs and resources based on varying levels of activity or demand, which is exactly what the scenario describes by adjusting personnel needs for different demand seasons.

In a Chain of Discount Department Stores, Personnel Needs Are