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CRYSTAL GARCIA
on Oct 23, 2024

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Operating efficiencies that increase productivity can result in

A) inventory surpluses.
B) competitive advantage.
C) incompetent personnel.
D) the need for more frequent performance assessments.
E) mistrust among upper management.

Competitive Advantage

An advantage a company has over its competitors, enabling it to generate greater sales, margins, and retain more customers.

Inventory Surpluses

Excess stock that exceeds the demand, often resulting in storage challenges and potential financial losses.

Operating Efficiencies

The effectiveness and productivity with which an organization utilizes its resources in the process of producing goods or services.

  • Comprehend the notions of competitive advantage and the strategies firms use to obtain it through operational effectiveness.
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Jennifer VanessaOct 29, 2024
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