Change the Following Percentage to a Fraction

question 5

Short Answer

Change the following percentage to a fraction. Reduce to lowest terms.
37.5% = _____

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Definitions:

Inefficiency

The lack of ability to accomplish an objective with the minimum expenditure of time and resources.

Cost of Production

Cost of Production refers to the total expenses incurred in manufacturing a product or delivering a service, including materials, labor, and overhead costs.

Command and Control

A leadership style characterized by strict authority and a top-down decision-making approach.

Concern for Efficiency

The focus on maximizing productivity and minimizing waste in processes or systems to achieve better outcomes or outputs.