Question

Operational efficiency is: Group of answer choices driving the business strategy ensuring the right tasks are performed decreasing the firm’s input requirements increasing the firm’s output while hold input level or reducing them

Answer 1

The correct answer is letter "E": performing operations tasks well.

Step-by-step explanation:

Operational efficiency refers to all the efforts companies make to handle the business with optimal practices during the operations process. The result of high operational efficiency is good quality goods that tend to be more valued by consumers.

Operational efficiency usually drives to generating more revenue incurring lower operating costs. The higher the operational efficiency the more profitable the business will be.

Answer 2

Incomplete question, all multiple choices are not given.

Here are the complete Multiple choices:

a) driving the business strategy

b) ensuring the right tasks are performed

c) decreasing the firm's input requirements

d) increasing the firm's output

e) performing operations tasks well

Answer:

E) Performing operations tasks well.

Step-by-step explanation:

Operational efficiency refers to the tasks which are completed daily in an efficient manner.

• The daily to daily tasks are needed to be performed well, if the company is looking for growth and profit.