The ratio of outputs over inputs defines which concept?
a. Quality
b. Productivity
c. Efficiency
d. Reliability
b. Productivity
You might also like to view...
Which of the following best describes marketing?
A) It typically only involves traditional transactions of goods, services, and money. B) It is an indirect and unmeasurable process used to sell goods and services. C) It relies increasingly on advertising through mass media. D) It is used exclusively by firms selling goods and services to consumer audiences. E) It encompasses efforts to change or maintain behavior relative to a product.
Customers arrive according to a Poisson distribution. The average number of customer arrivals per hour is four. The probability that three customers will arrive in the next two hours is:
A) less than or equal to 0.015. B) greater than 0.015 but less than or equal to 0.020. C) greater than 0.020 but less than or equal to 0.025. D) greater than 0.025.
A factor will buy accounts receivable for
A. more than their face value. B. less than their face value. C. their present value. D. their par value. E. the interest that can be collected from them.
Systems review, the final phase of the systems development life cycle, is the process of analyzing systems to make sure that they are operating as intended.
Answer the following statement true (T) or false (F)