A Low-Cost Operations Strategy Can Be Achieved by All of the Following

question 72

Multiple Choice

A low-cost operations strategy can be achieved by all of the following except

• A)Investing in new faster equipment
• B)Reducing scrap
• C)Finding new finance options
• D)Eliminating waste
• E)Eliminating unused capacity

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Definitions:

Biological Perspective

An approach in psychology focusing on understanding human and animal behavior through biological processes, including genetics, the brain, and the nervous system.

Face Validity

The extent to which a test item appears to fit the particular trait it is measuring.

Test Item

A question, task, or other assessment tool used to measure knowledge, ability, aptitude, or performance in a particular area.

Personality Traits

Enduring characteristics or tendencies that describe an individual's behavior across different situations and time.