Reduction in Production Cost Results in ________

question 85

Multiple Choice

Reduction in production cost results in ________.

• A)better customer service
• B)lower shareholder value
• C)increased profitability
• D)increased competition

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Definitions:

Legal Concept

Fundamental principles that form the basis of law, defining rights, duties, and legal responsibilities.

Competence

Possessing the necessary skills, knowledge, and ability to perform a specific task or role effectively.

Ethical

Ethical pertains to morals, principles, and practices governing the conduct of a person or the members of a profession.

Motivational Interviewing

A counselling approach that helps individuals resolve ambivalent feelings and insecurities to find the internal motivation they need to change their behavior.