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An entrepreneur reduces production costs while maintaining product quality and employee safety. What does this illustrate?

Answer and explanation

Correct answer: Efficient resource management.

B is correct because efficient resource management means reducing waste or using resources better without compromising required standards. Since the entrepreneur maintains both product quality and employee safety, the cost reduction is not achieved by sacrificing either. The other options do not describe this responsible use of resources.

Related tags

Resource ManagementEfficiencyQualityIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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