Social Sciences, asked by akashsen5400, 1 year ago

What do you mean by productivity in hospitality terms?


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Answers

Answered by Bhawnasaini1
0
Productivity is a ratio between input and output at a given quality level. ... Productivity levels can be measured for all factors of production, including labour. In the hospitality industry, there are many possible input and output units which may be used for productivity management purposes.
Answered by sejuu
0
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Productivity is computed by dividing average output per period by the total costs incurred or resources (capital, energy, material, personnel) consumed in that period. Productivity is a critical determinant of cost efficiency



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