What Is the Term for the Effort to Reduce Costs

question 97

Multiple Choice

What is the term for the effort to reduce costs of existing products and processes?

• A)kaizen costing
• B)activity elimination
• C)activity selection
• D)activity reduction

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Definitions:

Excessively High

implies a level or amount that significantly surpasses what is normal, necessary, or reasonable.

Romantic Relationships

Emotional and physical bonds between two individuals characterized by affection, intimacy, and commitment.

Psychological Health

A state of well-being in which an individual realizes his or her own abilities, can cope with the normal stresses of life, works productively, and is able to make a contribution to their community.

Physical Health

A state of well-being in which an individual is free from illness, injury, or impairment, and can perform daily activities without physical constraints.