question archive what is the relationship between operational efficiency and financial sustainability?
Subject:Operations ManagementPrice:2.87 Bought7
what is the relationship between operational efficiency and financial sustainability?
Answer:
The relationship between operational efficiency and financial sustainability is a positively correlated one
The reason for this is that as a firm becomes more efficient in operations that are better able to lower and manage cost, which helps to protect and growth profits, thus leading to financial sustainability.