In contemporary business, success depends on minimizing the _____ in an attempt to reduce the costs of producing and selling products or services.

Question

Quizplus · Accepted Answer

Minimizing the distribution chain can help reduce the costs of producing and selling products or services, as it involves reducing the number of intermediaries involved in getting the product or service from the producer to the end consumer. This can help reduce the overall cost of the product or service, making it more competitive in the marketplace. A, B, and D are not directly related to cost reduction in production and sales.

In Contemporary Business, Success Depends on Minimizing the _____ in an Attempt