To maximize the profitability of a shipping...

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Question 1 of 205eccef9dbacbc34ba4d45db8

To maximize the profitability of a shipping company, in goal-setting ships are often asked to increase productivity. Which of the following scenarios represents an actual decrease in productivity?

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5eccef9dbacbc34ba4d45db8

To maximize the profitability of a shipping company, in goal-setting ships are often asked to increase productivity. Which of the following scenarios represents an actual decrease in productivity?

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🔍 Key Concepts

• Productivity as a ratio of output to input • How changes in output and changes in input costs affect that ratio • Difference between improving profitability vs. actually being more productive

💭 Think About

• If productivity is output divided by input, what happens to that fraction when output goes up or down? • What happens to productivity when inputs (like fuel, labor, time, money) go up or down but output stays the same? • Which option describes a situation where you get less output for more input, or at least a worse output/input ratio?

✅ Before You Answer

• Be clear on the formula: Productivity = Output / Input • Identify which choices show the ratio getting worse, not just costs changing • Watch for options that sound good for profitability, but might actually reduce output per unit of input

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Question 1 of 205eccef9dbacbc34ba4d45db8

To maximize the profitability of a shipping company, in goal-setting ships are often asked to increase productivity. Which of the following scenarios represents an actual decrease in productivity?

Back

Question 1 of 20

5eccef9dbacbc34ba4d45db8

To maximize the profitability of a shipping company, in goal-setting ships are often asked to increase productivity. Which of the following scenarios represents an actual decrease in productivity?

No comments yet

Be the first to share your thoughts!

If the question has a related picture, it will appear here.

🔍 Key Concepts

💭 Think About

✅ Before You Answer

👋 Hi! I'm Genie, your AI study assistant. How can I help you with this question?

Quick actions

— No credit card needed