Quiz 3A
One way for a business to increase productivity is to increase its
research and development.
The use of thorough job orientation helps to increase productivity through
training and education.
Mary is a bagger at Glen's Market. On a weekly average, she works 30 hours and fills 876 bags of groceries. Her productivity is ___________ bags of groceries per hour.
29.2
If three employees each work 35 hours a week and produce a total of 9,765 items, what is their total hourly productivity level?
93
What is a likely result when workers' wages rise throughout the economy while productivity decreases?
Inflation
What is the effect on society of a falling growth rate in productivity?
The standard of living drops.
Why should productivity be measured?
To see whether the business's objectives are being met
To reduce the chance of investigations and orders to cease production, businesses should
adhere to government regulations.
The formula that is generally used to measure productivity is
outputs divided by inputs.
A country's standard of living can be calculated by dividing the goods and services its people have by
population.
Dividing the dollar value of total sales by the cost of making those sales is one way that businesses often measure their
productivity.