What is Productivity?


0

Ratio of Input to Output within a time frame; without compromising on Quality

The output should always be higher than Input

If productivity is high, then efficiency is high

If productivity is high, then cost will be low

If productivity is high, delivery time is low

If productivity is high, that means process is efficient:

Easy to measure the Ability of a person, but difficult to measure the capability of a person


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

0 Comments

Facebook comments: