Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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question 2:

Where an organisation is looking to downsize they would be looking for

A.outputs to remain the same and inputs to be reduced

B.increase both inputs and outputs

C.decrease both inputs and outputs, with inputs decreasing at a faster rate

D.outputs to increase with little or no increase in inputs

quesiton 3:

When the number and cost of abour and equipment is used as inputs to calculate productivity, what is the productivity measurereferred to ?

A.Total factor productivity

B.Single factor productivity

C.Multi-factor productivity

D.Productivity

QUESTION 4

Employee remuneration which is based solely on output without consideration of time spent) is referred to as

A.Output based pay

B.Numbers game pay system

C.Piece rate wage system

D.None of the above

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