If You Were Asked to Identify "The Language of Business

question 82

Multiple Choice

If you were asked to identify "the language of business," you should reply: _____.

• A)"Finance"
• B)"Money"
• C)"Accounting"
• D)"Data keeping"

---

Definitions:

Productivity

The measure of the efficiency of production, often expressed as the ratio of output to inputs used in the production process.

Labor Force

The total number of people who are able and willing to work, either employed or actively seeking employment.

Technology

The use of scientific understanding for pragmatic objectives, particularly within the industrial sector.

Marginal Productivity

The additional output that is produced by adding one more unit of a specific factor of production, while other factors are held constant.