Acompany's ability to productively utilize its assets relative to its revenue and its profits is referred to as

The answer is efficiency. Efficiency is a way of having to be efficient or having to be more organized and timely in which can be describe to a company that has the ability of utilizing their assets to its relative revenue.

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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