#1
Which of the following is a commonly used measure of productivity?
Output per unit of input
Cost per unit of input
Total input
Quality of output
#2
What is the primary goal of productivity measurement?
To compare company performance with competitors
To identify areas for improvement and efficiency gains
To calculate employee salaries
To monitor government regulations
#3
What is the formula for calculating labor productivity?
Output / Total labor cost
Total labor cost / Output
Output * Total labor cost
Output - Total labor cost
#4
Which of the following is NOT a factor affecting productivity?
Technology
Workforce skills
Government regulations
Management practices
#5
Which of the following is NOT a component of multifactor productivity?
Labor
Capital
Materials
Energy
#6
What does Total Factor Productivity (TFP) measure?
The efficiency of labor alone
The efficiency of all factors of production combined
The cost of inputs
The output per unit of labor
#7
In the context of productivity measurement, what does 'total inputs' typically include?
Only labor inputs
All costs associated with production
Only material inputs
Capital and labor inputs
#8
Which of the following is an example of partial productivity?
Output per employee
Total factor productivity
Output per unit of capital
Multifactor productivity
#9
Which productivity measure is most suitable for comparing the efficiency of different production processes within the same industry?
Partial productivity
Multifactor productivity
Total factor productivity
Labor productivity
#10
Which productivity measure compares the output of an entire industry with the total inputs of all industries?
Total factor productivity
Labor productivity
Multifactor productivity
Partial productivity
#11
What is the primary limitation of using labor productivity as a measure?
It does not consider technological advancements.
It does not account for variations in workforce skill levels.
It does not include capital inputs.
It does not reflect the quality of output.
#12
Which productivity measure accounts for the combined effect of all inputs used in production?
Partial productivity
Total factor productivity
Labor productivity
Multifactor productivity
#13
Which of the following is a limitation of using multifactor productivity?
It cannot be applied to service industries.
It does not account for quality changes in output.
It is not suitable for measuring long-term trends.
It ignores the impact of technology.
#14
What is the primary advantage of using multifactor productivity over labor productivity?
It is easier to calculate.
It accounts for all inputs, not just labor.
It is a more accurate measure.
It reflects changes in workforce skill levels.
#15
What does a high multifactor productivity index indicate?
Low efficiency in using inputs
High efficiency in using inputs
No correlation with efficiency
Quality issues in output
#16
Which of the following is a characteristic of total factor productivity?
It measures output per unit of input.
It considers only labor inputs.
It measures the efficiency of all inputs combined.
It is unaffected by technological advancements.