A Strategy That Achieves a Goal at the Lowest Cost

question 115

Multiple Choice

A strategy that achieves a goal at the lowest cost in total resources without consideration of who pays those costs is:

• A) efficient.
• B) inefficient.
• C) impossible.
• D) always the most profitable to the firm.

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Definitions:

Biceps Brachii

A muscle of the upper arm that flexes the elbow and rotates the forearm.

Pectoral Girdle

The skeletal framework of the shoulder region that supports arm movement, consisting of the scapulae and clavicles.

Clavicles

Long bones that serve as a strut between the shoulder blade and the sternum, also known as collarbones.

Scapulae

The pair of flat bones located on each side of the upper back, commonly known as shoulder blades.