Final answer:
In business, high yield phase involves eliminating redundant, inefficient, unreliable, and ineffective techniques to maximize output.
Step-by-step explanation:
In the context of business, the high yield phase refers to the phase in which a company or individual aims to maximize their output or results. In this phase, it is crucial to eliminate any elements that may hinder efficiency or effectiveness. This means avoiding techniques that are redundant, inefficient, unreliable, or ineffective.
A redundant technique is one that is unnecessary or repetitive, adding no additional value. An inefficient technique is one that does not achieve the desired results in the most optimal way. A unreliable technique is one that cannot be consistently relied upon to produce the desired outcome. An ineffective technique is one that does not achieve the desired outcome at all.
For example, in business operations, using outdated technology that slows down production or duplicating tasks that can be automated would be considered redundant and inefficient techniques. Similarly, relying on unreliable suppliers or utilizing marketing strategies that don't generate leads would be examples of unreliable and ineffective techniques. Eliminating these elements from the high yield phase helps to optimize performance and improve overall productivity.