Which of the following refers to the ratio of an organization's outputs to its inputs?
A) The labour market equation
B) The supply and demand equation
C) Competitive ability
D) The equity ratio
E) Productivity

Question

Quizplus · Accepted Answer

Productivity is the ratio of an organization's outputs to its inputs. It measures the efficiency of production and indicates how well an organization is using its resources to produce goods or services. The higher the productivity, the more efficient the organization is in converting inputs into outputs.

Which of the Following Refers to the Ratio of an Organization's