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NEW QUESTION: 1
Which of the following is the best measure of productivity to use to evaluate several departments in a large retail store?
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B. Number of units sold per department per day.
C. Number of customers served per employee per day.
D. Revenue per square foot.
Productivity is the ratio of real output to a unit of input. Increased productivity is the goal of every organization because its effect is to improve the ultimate measures of performance, such as the profits of a business. For a retail store, a critical output of interest is revenue per square foot. The floor space in the store is a limited resource whose productivity should be analyzed.
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