The purchase of low-quality materials would most likely the result of a favorable materials price variance coupled with an unfavorable material usage variance. Material price variance is the difference between the cost and the budgeted and actual cost to obtain an object or materials, multiply to the total amount of the product purchased. They are what you called positive value of direct material price and negative value of direct material price. A positive value of direct material price variance is the one that is favorable and it means that the direct material was purchased for a lesser price than the standard price. A negative value of direct material price variance is the one that is unfavorable and it means that more than the expected price per unit is paid.
Trade surplus or positive trade balance.
Both of these terms refer to the situation of higher exports than imports.
D. project manager
Explanation:
All of these are potential options for business information management graduates. However, perhaps the most important one is that of project manager. Project management is closely related to business information management. People in this career are able to understand how to use technology to gather data that can help them desing better projects. They are also skilled at transforming this data ito meaningful information. With this information, they are also able to analyze and propose strategies that benefit their companies and projects.
Answer:
<em>Need for Achievement.</em>
Explanation:
David McClelland and his colleagues developed the Needs / Achievement Motivation Theory theory of McClelland.
The theory suggests that three needs; <em><u>Need for Power, Success and Affiliation</u></em>-affect human actions.
The desire to succeed, to perform in comparison to a set of norms, to strive to achieve greatness is the need for achievement.
Answer:
Here are some changes to the textbook requirements that will simplify your work somewhat.
· The transaction requirements give you information on required tables. (page 339-340)
· Assume that ALL orders ship entirely, in other words there are no partial shipments. Either they ship the entire order or they wait until they have all the required units and then ship.
· Do not include the Customer PO information
Explanation: