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A business wants to minimise the volume of its waste - HSC - SSCE Business Studies - Question 9 - 2015 - Paper 1

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A business wants to minimise the volume of its waste. Which performance objective is the business trying to achieve? (A) Cost (B) Customisation (C) Flexibility (D) S... show full transcript

Worked Solution & Example Answer:A business wants to minimise the volume of its waste - HSC - SSCE Business Studies - Question 9 - 2015 - Paper 1

Step 1

Which performance objective is the business trying to achieve?

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Answer

The business is trying to achieve the performance objective of minimizing costs. By focusing on reducing the volume of waste, the business can decrease expenses associated with waste disposal and resource use, leading to lower overall costs. Therefore, the correct answer is (A) Cost.

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