Definition of Productivity

In one word definition of productivity is output per hour. But this is far too simple Productivity comes in various forms. For example, some defined as the change is unit labor costs or how much each item costs to produced.

Other suggests that is the value if production over paid hours. This ratio determines profitability as well as productivity. Whichever Productivity is defined; it is used to determent whether the firm has been successful.

Definition of Productivity

Definition of Productivity

Defining productivity in service organization is not easy. While output per how could be measured by the number of customers serviced, other factors come into pay.

Two of the recurring factors are quality and service in practice of most goad organizations is to provide the fastest, most efficient and friendliest service possible to any and all customers.

In terms of Productivity, this may mean that minimizing errors or eliminating stressed. In any case, the idea is to make the service industry more productive by having better-serviced customer.

You May Like Also:

Leave a Reply

Your email address will not be published. Required fields are marked *