_____ productivity compares the performance of competitive processes for which P/OM is accountable.

Question

Quizplus · Accepted Answer

Relative productivity is the measure of the effectiveness of various processes competing with each other. It compares the performance of competitive processes, which is the responsibility of Production/Operations Management (P/OM). Multifactor productivity, capital productivity, and labor productivity are different productivity measures used to evaluate the overall efficiency of the resources utilized in the production process.

_____ Productivity Compares the Performance of Competitive Processes for Which