_________ is a performance measure relating outputs to inputs.
A)Quality
B)Productivity
C)Value
D)Labor cost

Question

Quizplus · Accepted Answer

Productivity is the performance measure that relates outputs to inputs. It measures the efficiency of converting inputs (such as labor, materials, and energy) into outputs (such as goods and services). Quality refers to the level of excellence or superiority of a product or service. Value is the perceived worth or usefulness of a product or service in relation to its price. Labor cost is the amount of money paid to workers for their services. While labor cost is a factor in determining productivity, it is not the performance measure itself. Therefore, the best choice is B.

_________ Is a Performance Measure Relating Outputs to Inputs