A Company with a Low Level of Efficiency and Low

question 31

Multiple Choice

A company with a low level of efficiency and low level of effectiveness is most likely to produce:

• A) a product that customers want, but that is too expensive for them to buy.
• B) a product that customers want at a quality and price they can afford.
• C) a low-quality product that customers do not want.
• D) a high-quality product that customers do not want.
• E) a high-quality product that the company makes a profit on.

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Definitions:

Capacity

The maximum amount of work that an organization, system, or machine can produce in a given period.

Multiproduct Break-Even

An analysis used to determine the point at which total revenue equals total costs for multiple products, indicating no profit or loss.

Weighted Contribution

A calculation that assigns different weights or importance to various items or activities based on their contribution to the total.

Crossover

In genetics, the exchange of genetic material between chromosomes during meiosis; in other fields, it refers to a point where two or more different categories or entities meet.