What Is the Term for Increasing the Efficiency of Necessary

question 112

Multiple Choice

What is the term for increasing the efficiency of necessary activities by using economies of scale?

• A)activity elimination
• B)activity sharing
• C)activity management
• D)activity selection

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Definitions:

Management Literature

A collection of writings and studies focused on theories, strategies, and practices involved in the management of organizations.

Academics

The broad domain concerned with the study, teaching, and research in disciplines of higher education, including but not limited to science, humanities, and social sciences.

Multifaceted Approach

A strategy that involves considering multiple perspectives and employing several methods to address a problem or situation.

Flexible Approach

An adaptable and responsive strategy in business, personal planning, or problem solving that allows for modifications based on changing conditions.