What do you mean by productivity in hospitality terms?
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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.
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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
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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