Which of the following approaches is concerned with measuring productivity?
A) Internal system
B) External resource
C) Technical
D) Transaction cost

Question

Quizplus · Accepted Answer

The technical approach to productivity is concerned with measuring the amount of output produced per unit of input, which is a common method for evaluating productivity in manufacturing industries. Option A (Internal system) is a broad term that could refer to various internal processes or systems within an organization. Option B (External resource) refers to the acquisition of resources from external sources, such as outsourcing, which may impact productivity but is not directly related to measuring it. Option D (Transaction cost) refers to the cost of transactions between organizations and is not directly related to productivity measurement.

Which of the Following Approaches Is Concerned with Measuring Productivity