Question: How is Productivity defined? How is Productivity defined? In service sector no tangible products are produced. Service firms deliver services which are intangible. Examples are

How is Productivity defined?

How is Productivity defined? How is Productivity

How is Productivity defined? In service sector no tangible products are produced. Service firms deliver services which are intangible. Examples are a hair cutting saloon or income tax filing consultant. Productivity. measures the efficiency of a company's production process. It is calculated by dividing the outputs produced by a company by the inputs used in its production process. Good products versus bad products based on sales and manufacturing standards. The manager calculates that the company had an output of 30,000 units last month, while its input was 3,000 hours of labor. How is Productivity defined? In service sector no tangible products are produced. Service firms deliver services which are intangible. Examples are a hair cutting saloon or income tax filing consultant. Productivity. measures the efficiency of a company's production process. It is calculated by dividing the outputs produced by a company by the inputs used in its production process. Good products versus bad products based on sales and manufacturing standards. The manager calculates that the company had an output of 30,000 units last month, while its input was 3,000 hours of labor

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