If sales of "Cool Ranch"-flavoured Doritos chips are consistently higher than targets set by parent company Frito-Lay, which type of managerial action is most likely warranted?
A) take immediate corrective action
B) revise the standard
C) take basic corrective action
D) increase the range of variation
E) decrease the range of variation

Question

Quizplus · Accepted Answer

If sales of "Cool Ranch"-flavoured Doritos chips are consistently higher than targets set by parent company Frito-Lay, the best choice is to revise the standard. This means that the company should adjust its targets to match the actual performance, rather than trying to bring sales back down to the original target. This can help ensure that the company is setting realistic goals and not missing out on potential profits.

If Sales of "Cool Ranch"-Flavoured Doritos Chips Are Consistently Higher