Questions and Answers
What is the formula for labor productivity?
Units of output per labor hour
Which sector is mentioned as difficult to measure and manage in terms of productivity?
Service Sector
What does capital productivity measure?
Dollar value of output per dollar input
Which factor is used for planning workforce requirements according to the text?
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What is a measure used for scheduling equipment?
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Which example is given as part of the Service Sector activities?
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What does competitiveness refer to in an organization?
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What is a crucial area of competitiveness related to operations management?
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What is the primary purpose of a mission statement?
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Which of the following is NOT considered a competitive priority in operations strategy?
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How can the internet impact an organization's competitive advantages?
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'Quick response' is an important aspect of competitiveness. What does it relate to?
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