variance

What Causes Variance?

Several factors can cause variance, including:
Market Conditions: Changes in market demand, competition, and economic conditions can impact sales and costs.
Operational Efficiency: Inefficiencies in production, logistics, or workforce management can lead to cost overruns or production shortfalls.
Pricing Strategies: Variations in pricing strategies can affect revenue and profit margins.
External Factors: Events such as natural disasters, political instability, or regulatory changes can also cause variance.

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