Homework Answers
Answer: False
Justification
Productivity = Total Output / Total Input
Productivity refers to the total output in proportion to the total input.
The given statement claims that "the tracking input in money terms
is a method of measuring productivity" which is not the fact and in
fact, it doesn't even make sense. As productivity should be
measured in terms of how much output has been produced out of the
inputs. And the tracking of input in terms of money doesn't give a
proportionate picture of the productivity given. But, the monetary
factors (bonus, incentives, profit sharing, etc) would definitely
influence the people to be better productive employees.
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