productivity
DefinitionThe amount of output per unit of input (labor, equipment, and capital). There are many different ways of measuring productivity. For example, in a factory productivity might be measured based on the number of hours it takes to produce a good, while in the service sector productivity might be measured based on the revenue generated by an employee divided by his/her salary.
This content can be found on the following page:
productivity is ...
... part of the Economy subject.
... part of the Economy subject.
Related Terms
capital consumption allowance, economic cycle, Employee Stock Ownership Plan, ESOP, infrastructure, stock purchase plan, economic outlook
productivity appears in the definitions of these other terms on BusinessDictionary.com
Loading...
| |
Get our content on your iGoogle page
RSS