What was necessarily an economically effective move

Reference no: EM13221924

Business Week, in an article dealing with management, wrote, "When he took over the furniture factory three years ago...(the manager realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap. Within a few weeks, he set up a task force of managers and workers to deal with the problem. And withthin a few months, they reduced the amount of scrap to $7,000 worth (per year)." Was this necessarily an economically effective move?

Reference no: EM13221924

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