Productivity is defined as a unit of measurement of economic or business performance. These reports of productivity indicate how efficiently people, companies, industries, and whole economies are working in the organization. They keep a track of how to convert inputs, such as labor and capital, into outputs, such as goods or services.
Some of the different productivity types and its measurement are as follows.
Workforce productivity is the calculated productivity of all individuals in a company’s workforce.
It is about measuring the productivity of all the companies in an industry or a particular sector.
The collective output of one or more individuals united under one section of the project goal.
Productivity of all industries in a similar economy is defined as national or global productivity.
Also, See: Product Led Growth
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