An organization is productive if it achieves its goals and does so by transferring inputs to outputs at the lowest cost.

Name: An organization is productive if it achieves its goals and does so by transferring inputs to outputs at the lowest cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Productivity is defined as achieving goals while minimizing costs. Therefore, an organization is productive if it achieves its goals while minimizing the input resources used in the production process.

An Organization Is Productive If It Achieves Its Goals and Does