There Are Two Basic Types of Non-Value Added Activities

question 94

Multiple Choice

There are two basic types of non-value added activities. They are

• A)activities avoidable in the long run and activities unavoidable in the short run due to current technology or production methods.
• B)activities avoidable in the short run and activities unavoidable in the long run due to current technology or production methods.
• C)activities unavoidable in the short run due to current technology and activities avoidable due to production methods.
• D)activities avoidable in the short run and activities unavoidable in the short run due to current technology or production methods.

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Definitions:

Business Communications

The sharing of information between people within and outside an organization in a professional context.

Goodwill

An intangible asset representing the value of a company's brand, reputation, and customer relationships.

Business Communication

The sharing of information between people within an organization or between a company and its customers.

Mistake

An error or fault in action, calculation, opinion, or judgment caused by poor reasoning, carelessness, or insufficient knowledge.