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
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
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
Step by step
Solved in 2 steps
