Question: TRUE OR FALSE. Profit Drivers - Waste Reduction is not a 1 consideration in expence ratio improvement Profit Drivers - Higher efficiency will is a

TRUE OR FALSE.
TRUE OR FALSE. Profit Drivers - Waste Reduction is not a 1

Profit Drivers - Waste Reduction is not a 1 consideration in expence ratio improvement Profit Drivers - Higher efficiency will is a key 2 strategy to improve profitability Profit Drivers - higher efficency can be achieved through Automation, Consolidation, Simplification, Out-Sourcing, and/or 3 Stratification Profit Drivers - Automation is a critical element in 4 lowering the expense cost per sales dollar ratio Profit Drivers - Standardization plays no part in 5 expenses ratio improvement Profit Drivers - Innovation is a critical element in getting a higher price for a product which will 6 increase the gross margine rate Profit Drivers - A critical gross margin improvement strategy is to run your 7 manufacturing plants at low utilization levels Profit Drivers - Purchasing is not relevant to gross 8 margin improvement Profit Drivers - utilization of transportation assets 9 has nothing to do with improving gross margin

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