Critical Thinking Questions Case 1-1 Your Manager Has Just Asked

question 65

Multiple Choice

Critical Thinking Questions Case 1-1 Your manager has just asked you to create a PowerPoint slide presentation to be delivered at your company's next sales meeting. She expects you to construct the presentation slide by slide based on data in a Word document. You know that you could retype the information from the Word document. However, what is an easier way to get the information from Word into PowerPoint?

• A) importing
• B) baselining
• C) indexing
• D) outlining

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Definitions:

Capital-labor Ratio

The ratio of capital (equipment, buildings, etc.) to labor (workforce) in an economic analysis or production process.

Annual Output

The total production or output of a good or service in a year.

Capital-labor Ratio

The ratio of the total capital employed by a firm to the number of its labor force, indicating the amount of capital used per worker.

Production Function

Function showing the highest output that a firm can produce for every specified combination of inputs.