Productivity Is Defined as the

question 156

Multiple Choice

Productivity is defined as the

• A)amount of goods and services produced from each unit of labor input.
• B)number of workers required to produce a given amount of goods and services.
• C)amount of labor that can be saved by replacing workers with machines.
• D)actual amount of effort workers put into an hour of working time.

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Definitions:

Job Descriptions

A formal document that outlines the duties, responsibilities, required qualifications, and reporting relationships of a specific job.

Division of Labor

The separation of tasks in any economic system or organization so that participants may specialize, increasing efficiency and productivity.

Flatter Span

A management structure with fewer levels of hierarchy and a broader span of control, allowing for more direct communication and less formal supervision.

Decentralization

The distribution of decision-making power and authority from a central figure or location to multiple smaller units or levels within an organizational hierarchy.