In the Banking Industry,a Particular Bank's Efficiency Ratio Is a Closely

question 59

Multiple Choice

In the banking industry,a particular bank's efficiency ratio is a closely monitored metric.If one bank can achieve a profit of $2 million per year with 90 employees,and another bank needs to employ 200 employees to achieve the same level of profits,the first bank's employees are more efficient than the second.Which of the following output controls and measurement is the banking industry using?

• A) Profits
• B) Quality control
• C) Growth
• D) Productivity
• E) Market share

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Definitions:

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