Which of the Following Involves Keeping Costs Low Enough So

question 58

Multiple Choice

Which of the following involves keeping costs low enough so that a company can realize profits while pricing its products at levels that are attractive to consumers?

• A)total quality
• B)cost competitiveness
• C)sustainability
• D)innovation
• E)efficiency

---

Definitions:

Myers-Briggs Type Indicator

A personality assessment that categorizes individuals into 16 distinct personality types based on preferences in perception and judgment.

Corporations

Large companies or groups of companies authorized to act as a single entity and recognized as such in law.

Lexical Hypothesis

suggests that all important personality traits are embedded in our language over time, implying that by studying language, one can derive significant personality dimensions.

Personality Traits

Enduring characteristics or patterns of behavior and inner experience that are consistent over time and across situations.