When an Organization Produces 100,000 Units of Output for 10

question 58

Multiple Choice

When an organization produces 100,000 units of output for 10 hours of direct labor,what is its labor productivity index?

• A)1,000
• B)10
• C)10,000
• D)100
• E)1,000,000

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Definitions:

Debt Financing

Acquiring funds for business activities by borrowing money, typically through loans or by issuing bonds, that must be repaid with interest.

Entrepreneurial Start-Up

A newly founded company with innovative business ideas aimed at addressing unmet market needs or offering new solutions.

Equity Financing

The method of raising capital by selling company shares to investors; in return, investors receive ownership interests in the company.

Debt Financing

A method of raising capital through borrowing money that must be repaid, typically with interest.