Which of the Following Is the Best Way for a Company

question 157

Multiple Choice

Which of the following is the best way for a company to increase selling time?

• A) implementing high-commission plans
• B) reducing the number of customers
• C) sharing less information with customers
• D) simplifying administrative duties
• E) implementing mass customization

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Definitions:

Woodward's Classification

A framework developed by Joan Woodward that categorizes firms into groups based on their level of technology and how it impacts organizational structure.

Process Technology

The combination of tools, equipment, methodologies, and techniques used to produce goods or services.

Continuous-production

A method of production where materials are continuously processed or produced 24/7, typical in industries like chemicals and power plants, aiming for a high level of productivity.

Downsizing

A strategy involving reducing the size of a company's workforce to improve its efficiency and reduce costs.