The productivity index is the ratio of ______.
A)productivity measured in a particular time period to the productivity measured in a base period
B)productivity measured in a particular firm to the productivity measured for firms in that industry
C)productivity measured in a particular country to the productivity measured for firms in other countries
D)productivity measured in one part of the supply chain to the productivity measured in other parts of the supply chain

Question

Quizplus · Accepted Answer

The productivity index is the ratio of productivity measured in a particular time period to the productivity measured in a base period. It is used to measure the change in productivity over time. Option B is incorrect because the productivity index is not comparing productivity between firms in the same industry. Option C is incorrect because the productivity index is not comparing productivity between countries. Option D is incorrect because the productivity index is not comparing productivity between different parts of the supply chain.

The Productivity Index Is the Ratio of ______