WorldatWork GR2 Q&A - in .pdf

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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?
A. Average number of units stocked per month per department.
B. Number of units sold per department per day.
C. Number of customers served per employee per day.
D. Revenue per square foot.
Answer: D
Explanation:
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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