Business Studies, asked by nachikumar7212, 11 months ago

what you mean by productivity?

Answers

Answered by smillygoelshreya
0

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.

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Answered by karvind491
0

Answer:

Explanation:

Input output ratio, high production using less resources means high productivity or vice versa, for example productivity of rice in Japan is more than India, means on one acre Japanese production is more than India

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