The outputs of an organization,divided by all of its inputs,is called its:
A) total factor productivity.
B) total labor productivity.
C) partial productivity.
D) total capital productivity.
E) efficiency ratio.

Question

Quizplus · Accepted Answer

Total factor productivity is a measure of an organization's efficiency that looks at how well an organization utilizes all of its resources-such as labor,capital,materials,or energy-to produce its outputs.Total factor productivity = outputs/all inputs.

The Outputs of an Organization,divided by All of Its Inputs,is