What Is Productivity

question 310

Multiple Choice

What is productivity?

• A)material items or products that customers will buy to satisfy a want or need
• B)tasks performed by people that customers will buy to satisfy a want or need
• C)the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services
• D)the rate at which goods and services are produced based upon total output given total inputs

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Definitions:

Sales Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Sales Commissions

Payments made to sales staff based on the value of the sales they have made, typically a percentage of the sales amount.

Selling Expenses

Costs associated with the marketing and selling of a company's products or services.

Shipping Expenses

Costs incurred in transporting goods from one location to another, including freight and packaging fees.