Answer:
Technological advancement
Explanation:
Technological advancement is a method that is used to make production process more efficient without increasing the labour that is used.
It involves the use of technology to increase efficiency of the production process.
This makes it possible for SmartTech to produce more product and services with less people.
They are investing more in technology than in human labour.
It is true that a standing bill been passed
Answer:
The correct answer is:
set appropriate goals and achieves them (c.)
Explanation:
In business, effectiveness refers to the quality of results from completed tasks by both employees and the manager. For effectiveness is said to occur, the results delivered must be done consistently, and in this regard, the company must set appropriate achievable time-oriented goals and achieve them within the time frame. The main idea of effectiveness is productivity, and productivity is result-oriented.
Answer: Quick ratio.
Explanation:
The quick ratio(QR) also known as the acid test ratio, is a measure of the assets a business posseses that can quickly be converted to cash to settle current liabilities/costs.
The formula for QR is:
QR = (cash/equivalent+marketable securities+accounts receivable) ÷ current liabilities