Increasing Efficiency Means

question 76

Multiple Choice

Increasing efficiency means

• A) generating better quality products with less resources.
• B) maximizing the cost of production.
• C) shorter production times.
• D) accomplishing business processes with less input and/or higher speeds.
• E) higher speed processes at the cost of more resources and lower quality.

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Definitions:

Social Media Account

A personal or business profile created on platforms designed for sharing, interacting, and networking online.

Virtual Worlds

Online environments or spaces where users can interact with each other and the digital surroundings in a computer-simulated context.

Intangible Objects

Non-physical assets such as intellectual property, rights, and licenses that have value and can be owned or transferred.

Ascertainable Value

A value that can be precisely determined or measured.