An organisation is productive if it achieves its goals and does so by transferring inputs to outputs at the lowest cost.

Name: An organisation is productive if it achieves its goals and does so by transferring inputs to outputs at the lowest cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Productivity can be defined as achieving goals efficiently, which means maximizing output while minimizing inputs or resources used. Therefore, an organization is productive if it can achieve its goals while utilizing its resources at a minimum cost.

An Organisation Is Productive If It Achieves Its Goals and Does