Which of the Following Statements Is True About Organizational Productivity

question 49

Multiple Choice

Which of the following statements is true about organizational productivity for individual organizations?

• A) Productivity is less significant for people-oriented organizations.
• B) Employees wages stagnate if the productivity is high.
• C) High productivity provides a competitive cost structure to organizations.
• D) High productivity would lead to increased profits and inflation.
• E) Productivity only impacts manufacturing operations.

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Definitions:

Equivalent Units

Equivalent units is a concept in cost accounting used to allocate costs to partially completed goods, converting them into the amount of finished goods units.

Weighted-average

A calculation that takes into account the varying degrees of importance or quantities of different items in a data set, providing a figure that reflects their proportional contributions.

Materials

Substances or components used in the production or manufacturing of goods.

Equivalent Unit

A measure used in cost accounting to express the amount of work done on incomplete units in terms of fully completed units.