The Increased Efficiency That Results When Employees Perform a Narrow

question 40

Multiple Choice

The increased efficiency that results when employees perform a narrow range of tasks over and over again leading them to acquire specialized knowledge that helps them complete the task more efficiently accurately defines the term _____.

• A)competitive parity
• B)minimum efficient scale
• C)task specialization
• D)employee specialization

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Definitions:

Net Realizable Value

The estimated selling price of goods minus the costs of their sale or disposal, representing the expected cash inflow from the sale of inventory.