What is productivity, and what are the differences between partial productivity measures and total factor productivity?
What will be an ideal response?
Productivity is the efficient conversion of inputs into outputs. In its simplest form, a productivity measure is output divided by input. Partial productivity measures consider output in relation to only one input. Total factor productivity tries to evaluate multiple inputs and is a ratio of the value of the output to the value of all key inputs. Total factor productivity makes it easier to compare different business units with differing strategies.
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What is an adjustment to a pay rate to reflect differences in working conditions or labor markets?
A. bonus B. red-circle rate C. rank-and-file adjustment D. green-circle rate E. pay differential
Tri Restaurant, Inc. is the parent company of three chains of restaurants. How might Tri Restaurant, Inc. utilize the company extranet?
What will be an ideal response?
The ____ is usually another employee doing basically the same work, some standard ratio based on a fair day’s work, or another employee at approximately the same level in an organization.
a. Team member b. Vertical designator c. Referent d. Horizontal designator
When using block paragraphs in messages, one should:
A. use single spacing. B. indent the first sentence of paragraphs. C. not use double space between paragraphs. D. not use headings.