Which of the Following Statements About Productivity Is FALSE

question 46

Multiple Choice

Which of the following statements about productivity is FALSE?

• A) Productivity is a measure of outputs divided by inputs.
• B) The fewer inputs needed to produce a given output, the more productive the organization.
• C) Inputs and outputs are difficult to measure.
• D) Productivity measures can be compared over time without making adjustments for inflation.

Comprehend stocking strategies and their effects (e.g., the bullwhip effect).

Analyze the critical components of successful supply chain management (SCM) in large companies like Amazon.

Understand the concepts and importance of Customer Relationship Management (CRM).

Distinguish between different types of CRM systems and their targeted business scales.

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Definitions:

Process Configuration

The arrangement and organization of various elements in a manufacturing or service delivery system to optimize efficiency and output.

Repetitive Focus

A manufacturing strategy that concentrates on producing a limited range of products in high volume, aiming for efficiency and cost reduction.

Seasonal Bus Pass

A pass allowing unlimited travel on buses for a specific season or period, often at a discounted rate.