"We are already measuring total factor productivity. Measuring partial productivities would be of no value." Do you agree? A. Yes, total factor productivity is the goal of the measurement. Once achieved there is no need for further analysis. B. Yes, partial productivity measures should only be calculated if you cannot calculate total factor productivity. C. No, total factor productivity and partial productivity measures work best together because the strengths of one offset weaknesses in the other. D. No, you must always calculate partial productivity measures for the total factor productivity to have any meaning.
"We are already measuring total factor productivity. Measuring partial productivities would be of no value." Do you agree? A. Yes, total factor productivity is the goal of the measurement. Once achieved there is no need for further analysis. B. Yes, partial productivity measures should only be calculated if you cannot calculate total factor productivity. C. No, total factor productivity and partial productivity measures work best together because the strengths of one offset weaknesses in the other. D. No, you must always calculate partial productivity measures for the total factor productivity to have any meaning.
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter7: Planning And Goal Setting
Section: Chapter Questions
Problem 1ED: When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so...
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"We are already measuring total factor productivity. Measuring partial productivities would be of no value." Do you agree?
Yes, total factor productivity is the goal of the measurement. Once achieved there is no need for further analysis.
Yes, partial productivity measures should only be calculated if you cannot calculate total factor productivity.
No, total factor productivity and partial productivity measures work best together because the strengths of one offset weaknesses in the other.
No, you must always calculate partial productivity measures for the total factor productivity to have any meaning.
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