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Question
Select the proper option from the option given below and rewrite the completed sentence.
Business organization can maximize profitability by ________ wastage.
Options
Ignoring
Utilizing
Minimizing
Solution
Business organisation can maximise profitability by minimising wastage.
Explanation:
Minimising wastage means optimum utilisation of resources which means that the available resources are utilised to the
maximum. This reduces the cost of production thereby resulting in higher profits.
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