You own a company that produces jewelry with attractive, popular designs but uses resources that makes the product too expensive for most potential buyers. Which of the following would you do to increase efficiency?
A) arrange a deal with the supplier to lower the cost of the resources
B) make sure the resources are used to make the designs even more popular
C) fire the jewelry designers and replace them with less artistic ones
D) make the jewelry less attractive, but still use the same high-quality resources
Correct Answer:
Verified
Q17: An organization's resources include assets such as
A)competitors.
B)loyal
Q18: Organizations are efficient when managers maximize the
Q19: High efficiency/high effectiveness situations result in the
Q20: Conceptual skills include the general ability to
Q21: How to allocate organizational resources to pursue
Q23: In order to ensure that it has
Q24: Low efficiency/low effectiveness situations results in a
A)product
Q25: Which of the following refers to a
Q26: What must one do to perform the
Q27: In what order do managers typically perform
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents