________ is the measure of how well an organization is using its resources (inputs)to produce goods and services (outputs).
A) Profit
B) Turnover
C) Productivity
D) Work standardization

Question

Quizplus · Accepted Answer

Productivity is the measure of efficiency in converting inputs into outputs. It measures how well an organization is utilizing its resources - time, labor, energy, capital, and materials - to produce goods and services. Profit measures the financial gain of the organization, turnover is the total amount of revenue a company generates through its business operations, and work standardization is the process of establishing a uniform way of performing tasks. Therefore, the best choice is C - Productivity.

________ Is the Measure of How Well an Organization Is