Increasing the efficiency of necessary activities by using economies of scale is known as
A) activity inputs.
B) activity sharing.
C) control activities.
D) cycle time.

Question

Quizplus · Accepted Answer

Activity sharing involves combining similar activities to increase efficiency and reduce costs through economies of scale. Activity inputs refer to the resources required to perform an activity, control activities involve monitoring and managing processes, and cycle time is the length of time it takes to complete a process.

Increasing the Efficiency of Necessary Activities by Using Economies of Scale