Question: What term is used to describe the difference between the cost of inputs and the value or price of outputs produced by an organization? Multiple

What term is used to describe the difference between the cost of inputs and the value or price of
outputs produced by an organization?
Multiple Choice
Effectiveness
Economic analysis
Value added
Efficiency

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

What term is used to describe the difference between the cost of inputs and the value or price of outputs produced by an organization?

Q:

hat is the term used to describe the difference between the cost of inputs and the value of price of outputs? Multiple choice question. Value - added Switching costs Diagnostic analytics Knowledge...

Q:

The question is based on (Sushi service) (Not car service)!!!! Ques 1] Develop an input output model for the (Sushi service ) similar to Figure 1.4 shown on page 6. Discuss the model in at least 120...

Q:

QUESTION 33 In determining Capacity requirements, when an organization has available the equipment, necessary skills and time, it often makes sense to; O a. Avoid risk by buying goods or services Ob....

Q:

Value added is the term used to describe the difference between the cost of inputs and the value or price of outputs. True False

Q:

TOTAL QUALITY IN THE MODERN ENTERPRISE 1.What is this subject about, and what is important to know The terms Quality and Total Quality are being used in all business activities today, however, man...

Q:

TOTAL QUALITY IN THE MODERN ENTERPRISE 1.What is important to know Explain and examples The terms Quality and Total Quality are being used in all business activities today, however, man has felt the...

Q:

A large online retailer has set up a private web space to sell to its customers that are businesses. These transactions are generally conducted through negotiated contracts. How does the company use...

Q:

which of the following refers to the difference between cost of inputs and the value or price of outputs? 1. Economic analysis 2. Effectiveness 3 Value added 4 Efficiency

Q:

Budgeting for Nonprofit Organizations Although budgeting is just as important for nonprofit organizations as for for-profit companies, the approach taken toward budgeting can be very different. In...

Q:

1). Loan Shark Company provides short term loans. They will loan you $4 today and expect $5 back in one week! What is the EAR for this loan? 2). You plan to retire with $500,000 savings. How much...

Q:

Block B, with mass 5.00 kg, rests on block A, with mass 8.00 kg, which in turn is on a horizontal tabletop (Fig. 5.72). There is no friction between block A and the tabletop, but the coefficient of...

Q:

Short - term Investments would be an example of what kind of account? An the the the A liability account.

Q:

In 150-300 words, respond to the following. Use your textbook as your first and major reference. What financial reports are included in the annual report? What are the major types of information...