In Today's Competitive Environment, Cost Containment Is Extremely Important to Survival

question 172

Multiple Choice

In today's competitive environment, cost containment is extremely important to survival. Which of the following increases efficiency in the production and distribution of goods?

• A) Personal computers
• B) Real-time data
• C) Assembly lines
• D) Self-managed teams

---

Definitions:

Lease Terminated

The end of a lease agreement, either through mutual agreement, by reaching its natural expiration, or through early termination under specific conditions.

Periodic Tenancy

A lease that automatically renews at the end of each rent payment period until notice to terminate is given.

Tenancy at Will

A lease agreement that can be terminated at any time by either the landlord or the tenant without any prior notice.

Notice to Quit

A formal declaration often used in real estate to notify a tenant that they must leave the property by a specified date.