To Realize Improvements in Ease of Production, a Company Should

question 22

Multiple Choice

To realize improvements in ease of production, a company should

• A)keep production methods constant for employee continuity.
• B)design products with fewer component parts.
• C)increase the average number of customer queries solved per day.
• D)decrease the number of employees performing a particular task.
• E)create an additional product as an adjunct to the main product.

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Definitions:

Cumulative Voting Agreement

An arrangement that allows shareholders in a company to pool their votes towards electing directors, enhancing the voting power of minority shareholders.

Good Faith

Honesty in fact and observance of reasonable commercial standards of fair dealings in the trade.

Boards of Directors

Groups of elected or appointed members who jointly oversee the activities of a company or organization, making strategic decisions and ensuring legal compliance.

Derivative Suit

A lawsuit brought by a corporation's shareholders on behalf of the corporation against parties allegedly causing harm to the corporation.