You Are Determining the Productivity of Your Company's Service

question 17

Multiple Choice

You are determining the productivity of your company's service.In your calculation,the inputs used consist of the sum of your company's labor,materials,energy,and capital costs.This can also be referred to as:

• A) Multiple-factor productivity
• B) Productivity utilization
• C) Multi-input efficiency
• D) Extended productivity

---

Definitions:

Balanced Scorecard

A performance evaluation approach that incorporates multiple performance dimensions by combining financial and nonfinancial measures.

Nonfinancial Measures

Performance indicators not based on financial data, often used to assess aspects like customer satisfaction, employee turnover, or production quality.

Financial Measures

Various metrics used to assess a company’s financial health, performance, and stability, including profitability, liquidity, and solvency ratios.

Cost Price Approach

An approach to transfer pricing that uses cost as the basis for setting the transfer price.