Ask Question
BusinessBusiness
15 April, 07:50

The efficiency of labor is a term that does not reflect the: A. high output that comes from labor cooperating with a large amount of capital. B. health of the labor force. C. education of the labor force. D. skills of the labor force acquired through on-the-job training.

+2
Answers (1)
  1. 15 April, 08:08
    0
    C. education of the labor force.

    Explanation:

    When we talk about labor efficiency, we talk about the capabilities of the labor force in respect to the given job.

    Education does not necessarily ensures the efficiency of the labor, as academic qualifications does not ensure the skills of labor.

    Thus, following are the para-meters of efficiency of labor force:

    High output in relation to high capital budget, as will ensure high efforts from labor force also. health of labor force is clearly related to efficiency as with high output the health of labor is assumed to be good. skills acquired on the job, through skill training, clearly impact on value addition of skills related to particular job and efficiency of labor.

    Thus, correct option is

    C. education of the labor force.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The efficiency of labor is a term that does not reflect the: A. high output that comes from labor cooperating with a large amount of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
During 2013, $600,000 of raw materials were purchased, direct labor costs amounted to $500,000, and manufacturing overhead incurred was $480,000.
Answers (1)
Run-of-the-Mills provides your marketing firm with the following dа ta: When the price of guppy gummies decreases by 5%, the quantity of raskels sold increases by 4% and the quantity of kipples sold decreases by 6%.
Answers (2)
Kubes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate of $5.50 based on direct labor-hours.
Answers (1)
Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours.
Answers (2)
Imagine a company that sells hammers charges customers $10 for each hammer. To make the hammer the company spends $7 on input costs (materials, machines, etc.).
Answers (1)
New Questions in Business
Steve is a fan of the los angeles lakers basketball team. with little provocation, he will engage you in a debate about whether it is the greatest team in basketball. what may steve be demonstrating
Answers (1)
Sally and Alicia are equal general partners In a business. They are content with their current management and tax situation but are uncomfortable with their unlimited liability.
Answers (1)
The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was not part of that message? A.
Answers (1)
Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Linda Ronstadt is admitted to the partnership.
Answers (1)
Suppose an initial investment of $100 will return $50/year for three years (assume the $50 is received each year at the end of the year). Is this a profitable investment if the discount rate is 20%
Answers (1)
Home » Business » The efficiency of labor is a term that does not reflect the: A. high output that comes from labor cooperating with a large amount of capital. B. health of the labor force. C. education of the labor force. D.
Sign Up Forgot Password?