Total Factor Productivity Is

question 36

Multiple Choice

Total factor productivity is

• A)the quantity of output per worker.
• B)the quantity of output per unit of capital.
• C)the ratio of inputs divided by outputs.
• D)the quantity of output per unit of input.

---

Definitions:

Capabilities

Refer to a company's ability, resources, and skills to carry out its strategy and achieve its objectives.

Market Opportunities

Circumstances or conditions in the market that a business can exploit to its advantage, such as gaps in the existing market or emerging trends.

Long-Term Growth

A strategic objective focused on increasing a company's market share, revenue, and profitability over an extended period, beyond immediate or short-term gains.

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the coming period, detailing specific actions to achieve marketing objectives.