Asked by pizza and spagghetti on Apr 25, 2024
Verified
Total productivity can be determined by dividing total outputs by ______.
A) total expenses
B) total sales
C) total inputs
D) total assets
Total Productivity
Measures the efficiency of all inputs to a production process (labor, capital, materials) in generating the output, considering both qualitative and quantitative aspects.
Total Inputs
The sum of all resources used in the production of goods or services, including labor, capital, and materials.
- Learn the techniques for augmenting business productivity by refining inputs and outputs.
Verified Answer
CA
Camila Andrea7 days ago
Final Answer :
C
Explanation :
Total productivity is determined by dividing the total outputs produced by a company by the total inputs used to produce them. This includes all labor, materials, and overhead costs involved in the production process.
Learning Objectives
- Learn the techniques for augmenting business productivity by refining inputs and outputs.
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