Question

A laptop assembly plant needs to increase its productivity in a competitive business environment while also reducing the number of workers and resources associated with the production process. The strategy that this company should use is called:

Answer 1

Answer:

an output-based approach

Explanation:

In this scenario, the company should use an output-based approach. This is any approach whose decisions revolve around cutting down costs while at the same time increasing production. Therefore, drastically increasing the plant's efficiency. The more products that are created the more income that the plant can generate. If the costs are also cut down this income becomes more profit for the company. This is exactly what the laptop assembly plant needs to compete in this market.