Productivity Can Be Improved by

question 9

Multiple Choice

Productivity can be improved by

• A) increasing inputs while holding outputs steady.
• B) decreasing outputs while holding inputs steady.
• C) increasing inputs and outputs in the same proportion.
• D) decreasing inputs while holding outputs steady.
• E) there is no way to improve productivity.

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Definitions:

Free Rider Effect

A phenomenon where some individuals benefit from resources or services without contributing to the cost, often seen in team or group settings.

Team Incentives

Reward systems designed to motivate team performance by offering benefits or compensation based on achieving collective goals or benchmarks.

Piece Rates

A payment method where workers are paid a fixed rate for each unit of production completed, encouraging productivity and efficiency.

Incentive Systems

Programs designed to motivate and reward employees for reaching or exceeding performance targets.