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Single factor productivity indicates the ratio of one resource (input) to the go

ID: 392925 • Letter: S

Question

Single factor productivity indicates the ratio of one resource (input) to the goods and services produced.

True

False

1.    An employee can potentially earn 20% more with a PMP certification?

True

False

1.    Manufacturers produce intangible products while service production are often tangible.

True

False

1.    Many products are a combination of a goods and services, which simplifies the definition of service by U.S. government.

True

False

1.    Response is a set of values related to rapid, flexible and reliable performance.

True

False

Explanation / Answer

True, as Single-factor productivity indicates the ratio of one resource (input) to the goods and services produced (outputs).

True, as Professionals with PMP certification on an average earn 20% more salary than their non-certified peers.

False, as Manufacturers produce tangible products while service production are often intangible.

False, as it makes the definition of Service by the U.S. government even more complex.

True, as Response is a set of values related to rapid, flexible and reliable performance.