There Is Often a Limiting Factor That Stops a Business

question 32

Multiple Choice

There is often a limiting factor that stops a business from achieving its objectives to the maximum extent. In most instances the limiting factor is:

• A)the ability of the business to advertise its products.
• B)the unrealistic goals of production managers.
• C)the unrealistic objectives set by management.
• D)the ability of the business to sell its products.

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Definitions:

Utilization Rate

The ratio of the time that a resource is actually used to the total time it is available for use, often used in assessing the efficiency of production resources or employees.

Machinery

Equipment or devices designed for a specific task, often used in manufacturing and industrial processes.

Sustainability Reports

These are reports published by companies regarding their environmental impact, social contributions, and governance practices, focusing on their sustainability performance and objectives.

Corporate Social Responsibility

The practice of companies taking responsibility for the impact of their operations on social, environmental, and economic factors.