Which One of the Following Is the Best Strategy That

question 46

Multiple Choice

Which one of the following is the best strategy that a company can use to improve organizational productivity?

• A)Increase employee salaries and provide additional incentives to the employees.
• B)Attempt to increase the bargaining power of the suppliers.
• C)Redesign products to make them easier to assemble.
• D)Allocate more budget to the operational activities of the firm.
• E)Reduce the number of units produced per day to give more attention to product quality.

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Definitions:

Variance

A measure of how much the values in a dataset vary or deviate from the mean, technically the average of the squared differences from the Mean.

Coefficient of Variation

A normalized measure of the dispersion of a probability distribution or frequency distribution, often expressed as a percentage.

Standard Deviation

A metric that quantifies the spread of a dataset around its mean, computed as the square root of the variance.

Variability

A measure of how spread out or dispersed the scores in a dataset are.