Which of these is an attempt to minimize costs and maximize profits?
A) Offering a generous pension to retain workers in the long term
B) Paying workers enough to purchase the products they make
C) Keeping wages and benefits low, and work hours long
D) Granting workers extended paid time off from work

Question

Quizplus · Accepted Answer

Keeping wages and benefits low and extending work hours are direct methods to minimize costs. This approach reduces the immediate financial obligations of a company towards its employees, potentially maximizing profits.

Which of These Is an Attempt to Minimize Costs and Maximize