Which of the Following Is the Best Strategy That a Company

question 69

Multiple Choice

Which of the following is the best strategy that a company can use to improve organizational productivity?

• A) Increase employee salaries and provide additional incentives to the employees.
• B) Attempt to increase the bargaining power of the suppliers.
• C) Automate the lengthy processes that exist in the value chain.
• D) Allocate more budget to the operational activities of the firm.
• E) Reduce the number of units produced per day to give more attention to product quality.

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Definitions:

Social Responsibility

The responsibility to profitably serve employees and customers in an ethical and lawful manner.

Reciprocal Interaction

A mutual exchange where both parties engage in an active back-and-forth dialogue or action, often leading to beneficial outcomes for both.

Termination-At-Will

An employment principle that allows either the employer or the employee to end the employment relationship at any time, without cause or warning.

Judicial Term

A period during which a judge serves in their judicial capacity, or a specific duration of a court or legal system's session.