Which of the Following Actions Would Probably Not Encourage Efficiency

question 40

Multiple Choice

Which of the following actions would probably not encourage efficiency and recycling programs?

• A)discontinue energy and water subsidies to industries when they are processing raw materials
• B)discontinue subsidies that favor the extraction of raw materials
• C)consumers asking for and buying products made from recycled products
• D)charging a surcharge on materials when purchased that is redeemable when the consumer recycles the product
• E)discontinue subsidies that favor the extraction of raw materials and consumers asking for and buying products made from recycled products are correct because industries do not receive water and energy subsidies

Recognize different strategies for achieving competitive advantage, including response-based, cost leadership, and standardization strategies.

Understand the concept and implications of operations strategic decisions such as layout design, inventory management, and quality.

Comprehend the relationship between a firm's operational strategy and its stage in the product life cycle.

Evaluate the importance of location decisions for different types of businesses.

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Definitions:

HHI

Herfindahl-Hirschman Index, a measure of the size of firms in relation to the industry and an indicator of the amount of competition among them.

Justice Department

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Sustainable Career Advantage

A long-term career benefit that is maintained through continuous learning and adapting to changes in the job market or industry.

Competitive Advantage

Competitive advantage refers to the unique leverage a company has over its competitors, often through efficiency, quality, innovation, or customer service.