efficiency Flashcards
1
Q
examples of productive efficiency
A
Netflix blocking the use of password sharing gained them 9.3 million new subscribers and got rid of the costs of people sharing accounts
2
Q
examples of dynamic efficiency
A
And its investments to do so are sizable. In the second quarter of 2018, GM’s capital spending outlays totaled nearly $6.7 billion, which ranked first among companies in the S&P 500.
3
Q
examples of x inefficiencies
A
Coca-Cola: a global plastic menace.
The polluter sells more than 100 billion single-use plastic bottles each year with many ending up in landfills and the ocean.