RTR Incorporated estimated its labor productivity as 120 units per labor $ in 2013. In 2014, its estimated labor productivity was 125 units per labor $. What was RTR’s labor productivity growth rate from 2013 to 2014?
a. 5%
b. -5%
c. 4.2%
d. -4.2%
c. 4.2%
Business
You might also like to view...
One of the steps for an oral presentation is to identify and analyze your audience
Indicate whether the statement is true or false
Business
The extrinsic reward that is based on an evaluation of a job’s worth to the organization and its relationship to other jobs within the organization is called ______.
A. skill-based pay B. job content-based pay C. performance-based pay D. seniority-based pay
Business
The relationship between the relative worth of jobs and their wage rates can be represented by means of a
A. regression line. B. wage survey. C. salary progression chart. D. wage curve.
Business
Ask ____ questions in response to an answer that your customer provides.
A. feedback B. follow-up C. motivated D. closed
Business