A business that wants to increase its productivity by acquiring tools that help it create products more efficiently would most benefit from an investment in _____.A.marketingB.facilitiesC.equipmentD.expansion
Question
A business that wants to increase its productivity by acquiring tools that help it create products more efficiently would most benefit from an investment in _____.A.marketingB.facilitiesC.equipmentD.expansion
Solution
The business would most benefit from an investment in equipment. This is because equipment can directly contribute to the efficiency of product creation. For example, more advanced or specialized machinery can speed up production times or improve the quality of the final product. While marketing, facilities, and expansion can also contribute to productivity, they do not directly affect the process of creating products. Therefore, the answer is C. equipment.
Similar Questions
An investment in facilities helps a business increase productivity by:A.improving the location where the business operates.B.expanding the business into new markets.C.providing new tools to make goods more quickly.D.bringing in more people to make a product.
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Which situation best illustrates a business increasing its productivity?
Evaluate the different types of growth a firm can use to expand its operation.
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