The measurement of how well an organization utilizes all of its resources to produce its outputs is known as
A) ORR activity.
B) total factor productivity.
C) partial productivity.
D) TQM.

Question

Quizplus · Accepted Answer

Total factor productivity is the most appropriate measurement to assess how effectively an organization allocates and utilizes its resources to produce outputs. It considers all inputs to production, including labor, capital, energy, and materials, and is a comprehensive measure of efficiency that takes into account the entire production process. ORR activity is not a term commonly used in productivity measurement, partial productivity only considers one or a few inputs, and TQM (Total Quality Management) refers to a management approach for improving quality and customer satisfaction, not productivity measurement.

The Measurement of How Well an Organization Utilizes All of Its