Which of the Following Is Not a Source of Technological

question 230

Multiple Choice

Which of the following is not a source of technological advancement for a producer?

• A)better trained workers
• B)more efficient physical capital
• C)higher skill level of managers
• D)outsourcing some aspect of production

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Definitions:

Operational Performance

Evaluation of an organization's effectiveness in producing its goods or services, considering efficiency and productivity.

EBIT

EBIT, an indicator of corporate earnings, captures the profit of a company by including all costs except for those related to interest and taxes.

Income Taxes

Taxes imposed by the government on income generated by businesses and individuals within their jurisdiction.

EBIT

Earnings Before Interest and Taxes - a measure of a firm's profitability that excludes interest and income tax expenses.