Question

An industry volume variance is more likely to be controllable by managers within the company than a market share variance. True or False

Answer 1

An industry volume variance is more likely to be controllable by managers within the company than a market share variance. True or False

Ans. This is Incorrect statement

Reason: Industry volume variance means where more than one company are Exists in same production line or market or many other factor, in which this variance is not control by manager inerenally because it is external envirenmental factor which non contolable by internally. But how Company market share increase is on the hand of manager and if market share rreduced in recessation that time how to maintained or increase share is on hand of manager , it is internal factor of entity .