NCEA Level 1 Business Studies Practice Test 2026 – The All-in-One Guide to Exam Success!

Session length

1 / 20

Which of the following would likely NOT be used as a tactic to improve short-term business performance?

Reducing operating costs

Investing in new technology

Investing in new technology typically requires a significant upfront investment and a longer time frame to realize returns, making it less suitable as a tactic for improving short-term business performance. In contrast, tactics like reducing operating costs, increasing advertising spend, and optimizing workforce scheduling can lead to immediate financial benefits or sales increases. Reducing operating costs can improve margins quickly, increasing advertising can boost sales promptly, and optimizing workforce scheduling can improve efficiency and reduce labor costs right away. Therefore, investing in new technology is not aligned with a focus on quick, short-term gains, and thus would likely not be used as a tactic for that purpose.

Get further explanation with Examzify DeepDiveBeta

Increasing advertising spend

Optimizing workforce scheduling

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy