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One day a teller of a bank was robbed. When the robber ran the teller ran after him. Well over taking the robber, the teller was shot in the leg. The teller was given an award for heroism. The bank had a long standing policy, that when a robbery accrues to fully comply with the demands, so to no danger the employees and customers. The policy further states that if you fail to follow policy then you are to be discharged.
What are the separate problems, along with what are the issues? What the preferred are out comes to each problem? As the president of the bank, what should be done and why?
Doing something at the lowest possible cost is called: ________________. Effectiveness Efficiency Productivity Evaluation Application
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