Activity Analysis Allows Managers to

question 44

Multiple Choice

Activity analysis allows managers to

• A)classify activities so that processes can be eliminated.
• B)devise ways to minimize or eliminate non-value-added activities.
• C)evaluate process performance to gain competitive advantages.
• D)all of the above.

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Definitions:

Recycling

The process of converting waste materials into new materials and objects, aiming to reduce the consumption of fresh raw materials.

Consumerism Movement

An organized effort to advocate for the rights and power of consumers in relation to the producers of goods and services.

CSR Dimensions

Various aspects of corporate social responsibility that a company might focus on, such as environmental sustainability, ethical labor practices, philanthropy, and community engagement.

Environmental Marketing

Marketing efforts focused on promoting products or services based on their environmental benefits or sustainability.