The process which increases the efficiency of necessary activities by using economies of scale is called:
A)Activity elimination
B)Activity sharing
C)Activity selection
D)Activity reduction

Question

Quizplus · Accepted Answer

Activity sharing is the process of combining or sharing resources and activities to increase efficiency and reduce costs through economies of scale. This technique can be especially useful for activities that do not directly contribute to a company's competitive advantage or core functions. Activity elimination involves removing unnecessary activities altogether, while activity selection and reduction focus on optimizing specific activities rather than combining them.

The Process Which Increases the Efficiency of Necessary Activities by Using