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Productivity is an important tool for managers as it helps them to track progress towards the more efficient use of resources in producing goods and services Elucidate?
Productivity may be defined as output produced per unit of input resources used. It is more a measurement of efficiency and performance of work managed rather than a tool of management. Improvement in productivity and that in efficient use of resources, may be considered one and the same thing. However we may use measurements of productivity as a means of setting targets for and monitoring efficiency and performance. This definitely helps in inproving efficiency. In this way planning and monitoring of productivity can be considered an useful tool for improving efficiency.
Why are companies adopting telecommuting?
global competition, increased productivity, as a recruitment tool, an expanded workforce, staffing flexibility, business continuity if disaster hits, environmental standards, and facility costs.
What can reduce productivity?
Indiscipline reduces productivity.
What do you mean when you say productivity is a relative measure?
single factor productivity and total factor productivity
What is system productivity?
system productivity is a very important function for improving productivity in any unit. we can say with the help same input using we can maximize our output or productivity
