Productivity: A Conceptual Framework
Journal Title: PARIPEX-Indian Journal of Research - Year 2016, Vol 5, Issue 10
Abstract
Now-a-days productivity has become almost synonymous for progress. It is key to prosperity. Productivity is the ratio of all the available goods and services to the potential resources. Higher productivity leads to social progress and economic growth. Higher productivity brings lower prices for customers and higher dividend for shareholders. The basic objective of analysis of productivity is to find out some ideas in relation to improve the efficiency and these ideas may be applied in the field of resources utilization. This paper attempts to make a conceptual framework of Productivity which includes meaning, importance, difference between productivity and production, measurement of productivity, factors influencing productivity, and productivity improvement techniques.
Authors and Affiliations
Dr. Meenu Maheshwari
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