Which of the Following Involves Keeping Costs Low Enough So

question 58

Multiple Choice

Which of the following involves keeping costs low enough so that a company can realize profits while pricing its products at levels that are attractive to consumers?

• A)total quality
• B)cost competitiveness
• C)sustainability
• D)innovation
• E)efficiency

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Definitions:

Social Media

Platforms and technologies that enable the creation, sharing, and exchange of information and ideas in virtual communities and networks.

Human Rights Act

Legislation designed to protect individuals from violations of their fundamental rights and freedoms by the government or other entities.

Retaliates

To respond to an action or injury with a similar or corresponding action, often in the context of revenge or defense.

Employment Equity

Policies and practices aimed at achieving equality in the workplace so that no individual or group is discriminated against in employment opportunities, compensation, or promotion.