Total productive efficiency is produced by an optimal combination of technical efficiency and allocative efficiency
Indicate whether the statement is true or false
true
You might also like to view...
When Dern Inc introduced its ketchup globally, it first had to deal with the fact that ketchup is not a household staple outside the United States. The company had to show foreign users how ketchup can be used. In this case, Dernz had to rely primarily on __________ advertising to reach out to consumers.
Fill in the blanks with correct word.
With regard to torts, New Zealand differs from the United States in that:
a. personal injury tort suits are not allowed b. there are no mega-damage awards c. injured parties are compensated from a social insurance fund d. all of the other specific choices e. none of the other specific choices
Define leadership and differentiate between a leader and a manager.
What will be an ideal response?
Which of the following statements regarding profit centers is correct?
A. A manager of a profit center is responsible for assets, liabilities, and earnings. B. A manager of a profit center is evaluated on his/her ability to control costs and generate revenues. C. A manager of profit center is evaluated only on his/her ability to control costs. D. A manager of a profit center has more responsibility than a manager of an investment center.