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True/False Quiz
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1

The mission of a firm should be designed to support each of the firm's functional strategies.
A)True
B)False
2

Productivity is the ratio of input to output, with input limited to material and labor.
A)True
B)False
3

A company can compete with other companies manufacturing a similar product only by selling at a lower price.
A)True
B)False
4

Management has a great deal of responsibility for improving productivity.
A)True
B)False
5

Productivity less than 100% generally results in operations that lose money.
A)True
B)False







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