According to Drucker, Which of the Following Statements Is an Example

question 55

Multiple Choice

According to Drucker, which of the following statements is an example of an organizational objective related to productivity?

• A) to reduce overall inventory management costs by 15 percent
• B) to increase the use of environmentally friendly workplace practices
• C) to lower the rate of attrition in the organization within the next 6 months
• D) to increase the unit's monthly output by 10 percent within the next 12 months
• E) to reduce total overhead costs by 5 percent by the end of the year

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Definitions:

Employed Males

Employed males refer to the segment of the male population that is engaged in paid work or self-employment, contributing to the economy’s labor force.

Labor Productivity

Labor Productivity measures the efficiency and effectiveness of workers in producing goods or services within a given time frame.

Productivity Growth

The increase in the efficiency of production in an economy, often resulting in more output for the same input.

Composition of Workforce

The makeup of employees in an organization or economy, including aspects such as age, gender, skill level, and job types.