An Operation That Achieves Increased Efficiency While Simultaneously Improving Effectiveness

question 39

Multiple Choice

An operation that achieves increased efficiency while simultaneously improving effectiveness is best described as practicing ____.

• A)lean manufacturing
• B)ISO 9001
• C)mass customization
• D)concurrent engineering
• E)JIT operations

---

Definitions:

Static Budgets

Static budgets are financial plans that do not change over the budgeting period, regardless of any changes in business activity levels or operating conditions.

Service Companies

Organizations that provide intangible products to their customers, usually offering professional advice or services rather than physical products.

Activity Levels

Refers to the volume of work or operations within a specific time frame in a business, affecting cost behavior and operational efficiency.

Goal Conflict

A situation where different parties have goals that are not aligned, leading to potential conflict or inefficiency.