4. Should QL continue to focus on expansion or start fo

Question

4. Should QL continue to focus on expansion or start focusing on improving process efficiency?

TutorBin · Accepted Answer

4. A wise company and organization is multi-dimensional regarding its operations and decisions. Improving the process efficiency is very beneficial for the business. Process efficiency directly benefits the company by offering minimum cost and maximum output. Technically, it improves the profit of the organization. So it is very necessary for any business to go for process efficiency. Such activity is not a onetime process. It needs to be carried on periodically for infinite period of time. Besides, a company should focus on its expansion too. The expansion provides a new opportunity and market to the organization. By doing the expansion, Quiet Logistics can target more customers and market share. Expansion and the improvement of process efficiency are two different fields and sectors of a company. So, it is not like one can be done only before or after another. So, in my opinion, Quiet Logistics should focus on expansion and improving process efficiency simultaneously. It will help QL to rule or dominate the market.

4. Should QL continue to focus on expansion or start focusing on improving process efficiency?

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