Variances assist managers in implementing their strategies by enabling ________.

Question

Quizplus · Accepted Answer

Variances can be used in management by exception, which is a strategy that focuses on identifying significant variances from the expected results, and taking corrective actions to ameliorate them. Therefore, option E is the best choice. The other options are not relevant or do not explain how variances help managers in implementing their strategies. Variance budgeting doesn't address the role of variances in strategy implementation. "Directed functioning" and "deviational sentience" are not commonly used terms related to variance analysis. "Divisional awareness" doesn't explain how variances assist managers in implementing their strategies.

Variances Assist Managers in Implementing Their Strategies by Enabling ________