11. Select True or False: (a) Labour productivity = Turnover / Amount of labour (b) Benefits of...

Question:

11. Select True or False:

(a) Labour productivity = Turnover / Amount of labour

(b) Benefits of increasing productivity reflect overall prosperity and reputation of the company.

(c) Productivity means a balance between all factors of production that will give the maximum output with the smallest efforts.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Production And Operations Management

ISBN: 9780071077927

1st Edition

Authors: McGraw-Hill Education India

Question Posted: