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Production, Productivity & Competitiveness Video

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the ratio of outputs (goods and services) divided by one or more inputs (such as labor, management or capital)?

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1. Total factor productivity is also known as which of the following?

2. What are the three critical values that enhance productivity?

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About This Quiz & Worksheet

Your completion of this quiz/worksheet combo can help assess your understanding of production and productivity. Information you will need to know to pass this quiz include the measurement of productivity and critical values that can improve productivity.

Quiz & Worksheet Goals

The practice questions on this worksheet and quiz will allow you to test your knowledge of:

  • The term for the ratio of outputs divided by inputs
  • Another name for total factor productivity
  • Three values that support productivity
  • Calculating productivity

Skills Practiced

Use this quiz to check your ability to practice the following skills:

  • Knowledge application - use your knowledge to answer a question about how productivity can be enhanced
  • Information recall - access the knowledge you've gained regarding multi-factor productivity calculation
  • Interpreting information - verify that you can read information regarding the measurement of productivity and interpret it correctly

Additional Learning

To obtain more details about productivity, you may watch the related lesson titled Production, Productivity & Competitiveness. The following topics are covered in the lesson:

  • The making of goods and services
  • Differences between production and productivity
  • The relationship between productivity and competitiveness
  • Different types of productivity
  • Variables necessary for productivity
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