To determine how the company became profitable again, we need to analyze the provided options:
A. Entrepreneurship helped the company develop new types of products. - While this could lead to increased profitability, it specifically focuses on product development without mentioning efficiency or cost reduction.
B. Specialization helped the company produce refined oil more efficiently. - This option suggests that by focusing on specific processes, the company improved its efficiency, potentially lowering costs and increasing profitability.
C. Low barriers to trade helped the company take advantage of globalization. - This option implies that the company leveraged global markets, which could contribute to profitability, but it doesn't necessarily indicate improvements in efficiency or internal operations.
D. Investing in its employees' education helped the company increase efficiency. - This option indicates a commitment to enhancing the skill set of its workforce, leading to improved efficiency, which can significantly contribute to profitability.
Among the options, both B and D relate to efficiency, which is a key factor in overall profitability. However, if the context of the question emphasizes operational changes rather than broad market opportunities, the most likely answer would be:
B. Specialization helped the company produce refined oil more efficiently.
This option directly ties improved efficiency in production to profitability. Nonetheless, if the context was particularly focused on human resources and workforce development, D could also be a strong candidate.
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