Which term reflects increasing the efficiency of necessary activities by using economies of scale?
A) activity sharing
B) activity selection
C) activity elimination
D) activity management

Question

Quizplus · Accepted Answer

Activity sharing involves increasing the efficiency of necessary activities by using economies of scale. This is achieved by sharing resources, capabilities or processes across different activities within the same organization. This can lead to lower costs, higher productivity, and improved performance overall. Activity selection involves choosing the most efficient activities to undertake given a set of constraints, while activity elimination involves removing or reducing activities that are not necessary or do not add value. Activity management is a broader term that encompasses all aspects of planning, implementing, and monitoring activities within an organization.

Which Term Reflects Increasing the Efficiency of Necessary Activities by Using