Question

Define the concept of Productivity. Explain the importance of productivity.

Answer 1

Productivity describes various measures of the efficiency of production. A productivity measure is expressed as the ratio of output to inputs used in a production process, i.e. output per unit of input. ... Productivity growth can also help businesses to be more profitable.

Answer 2

NANBA...

The idea of a product concept is known as similar to the marketing concept because it includes the production of a product as accepted by the user. On the other hand, the production concept means that a brand or firm has to concentrate on products that can generate most accurately.