Question

Although it can be expensive for businesses to implement operational efficiency, this cost produces greater quality results. For organizations with multiple divisions, developing processes once and repeating them saves time. True False

Answer 1

False

Step-by-step explanation:

Operational efficiency: It is defined as group of strategy and technique that management implement to produce goods and services at a cost-effective method, at the same time maintaining the standard and quality of product. The ratio of operational efficiency is measured by dividing total operational expenses with total revenue, it help to find the efficiency of the production or operation. It is helpful in improving process of production as well help in gaining more profit.

In the given situation, It is false to say that implementing operational efficiency can be expensive.