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Alex_Xolod [135]
2 years ago
11

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is

less ________ than the lower-cost version.
Business
1 answer:
vova2212 [387]2 years ago
8 0

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less Efficient than the lower-cost version.

<h3>What is Process Quality?</h3>

Process Quality = measured in two dimensions: process effectiveness and process efficiency

Effective Business Process = enables the organization to accomplish its strategy. ex: investigating whether 3D printing will help accomplish the strategy of having the largest selection of parts in the industry

Efficiency Business Process = the ratio of benefits to costs. ex: consider two versions that create the same benefit, but one costs more than the other does, meaning the higher-cost version is less efficient than the lower-cost version/if both versions cost the same, but one generates less benefit than the other, then the lower-benefit one is less efficient.

Learn more about Efficiency Business Process on:

brainly.com/question/18559769

#SPJ4

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Through which tool does the federal reserve affect money available for banks to loan? discount rate money multiplier open-market
erastovalidia [21]

The <em>federal reserve </em>affects money available for banks to loan by using the<u> reserve requirement</u> tool.

<h3>What is the reserve requirement in monetary policy? </h3>

Reserve requirement is said as the set-aside funds by the commercial banks that they utilize for meeting their liabilities and instant withdrawal from customers.

Therefore, when Fed increases the rate of <em>reserve requirement</em> then banks need to hold the <u>large amount </u>which reduces their ability to loan more funds. It ultimately reduces the money supply and <em>vice-versa</em>.

Learn more about monetary policy here:

brainly.com/question/13926715

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What is a payroll clerk​
Vlad1618 [11]

Answer:

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4 0
3 years ago
Read 2 more answers
A tip of $10 is best for which kind of service?
Illusion [34]

Answer:

The answer is B

Explanation:

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The satisfaction received from using one more unit of a good or service is called
Hitman42 [59]
The satisfaction received from using one more unit of a good or service is called "marginal benefit ". Marginal benefit alludes to what individuals will surrender keeping in mind the end goal to get one more unit of a goods or services, while marginal cost alludes to the estimation of what is surrendered so as to deliver that extra unit. Extra units of a good ought to be created as long as minimal advantage is more than marginal cost.
6 0
3 years ago
Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple int
siniylev [52]

Answer:

444

Explanation:

Simple Interest for a year can be calculated using

I = PRT/100

P= Principle amount

R= percent simple interest

T= time

(3700)(12)(1)/100 = 444

3 0
3 years ago
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