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Ebtm 365 towson - Study guides, Class notes & Summaries

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EBTM 365-TOWSON EXAMS QUESTIONS AND ANSWERS

  • EBTM 365-TOWSON EXAMS QUESTIONS AND ANSWERS

  • Exam (elaborations) • 3 pages • 2024
  • EBTM 365-TOWSON Value Add - Answer-- Technically: Value add is the difference between the cost of inputs and the value or price of outputs. - Reality: If you are not adding value that the customer recognizes and wants - you are out of business. Productivity - Answer-the effective use of resources Why Productivity? - Answer-- High productivity >>>>> Lower Costs - Effects on competitiveness - Effects on inflation (pencil maker) Single Factor Productivity - Answer-La...
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