________ is an economic measure of efficiency that summarizes the ...

[JGIBBSON]

________ is an economic measure of efficiency that summarizes the value of outputs relative to the value of the inputs used to create the outputs.
 
  A) GNP
  B) Productivity
  C) Turnover ratio
  D) Return on investment

Question 2

Executives at Moxley Manufacturing want to improve the firm's productivity. Which of the following would most likely help Moxley achieve this goal?
 
  A) decrease costly R&D investments
  B) improve performance appraisals
  C) increase employee involvement
  D) encourage union participation

Question 3

Buying an input is most sensible when there is a(n) ________ potential for competitive advantage and a(n) ________ degree of strategic vulnerability.
 
  A) high; moderate
  B) intermediate; moderate
  C) high; low
  D) low; low

[Brenm]

Answer to Question 1

B

Answer to Question 2

Sent you a PM please check your forum inbox. Thank you

Answer to Question 3

This is awesome you took your the time to answer these questions. You have been so helpful.