Refers to the creation of goods and services

• Operations Management

• Production

• Productivity

• Operations

Economic activities that typically produce an intangible product

• Products

• Services

• Operations Management

• Production

Functions that an organization perform

• Planning

• Operations

• Accounting

• Leading

• Marketing

Activities that relate to the creation of goods and services through the transformation of inputs to outputs

Productivity increases when:

• inputs increase while outputs remain the same

• inputs decrease while outputs remain the same

• outputs decrease while inputs remain the same

• inputs and output increase proportionately

• inputs increase as the same rate as outputs

Labour or capital intensive

• Labour intensive

• Capital Intensive

Labour or capital intensive

• Labour intensive

• Capital Intensive

What does productivity mean?

• productivity is how products are made

• productivity is a measure of how many workers a business has

• productivity measures efficiency

• productivity measures effectiveness

Which of these isn't a method of improving productivity?

• employing more staff

• providing pay incentives

• investing in up-to-date machinery

• training staff

Which of the following statements is correct?

• the level of production is the total number of goods produced per worker

• productivity can be measured by output per worker in a given time period

• increasing production leads to increased productivity

• reducing productivity per worker will increase the number of workers