A business focusing on increasing the efficiency of its operations is more directly addressing:
A) volume flexibility.
B) variety.
C) consistent quality.
D) low-cost.

Question

Quizplus · Accepted Answer

A business aiming to increase its efficiency is primarily focused on reducing its costs. By streamlining operations, reducing waste, and optimizing resources, the business hopes to achieve greater profitability and ultimately become a low-cost leader in the industry.

A Business Focusing on Increasing the Efficiency of Its Operations