Productivity
Productivity is the combination of the effectiveness and efficiency of an organization.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Productivity. The combination of the effectiveness and efficiency of an organization.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Productivity. What is produced per worker, or per hour worked.
According to Management by Robbins and Coulter (14th edition),
- Productivity. The amount of goods and services produced divided by the inputs needed to generate that output.
According to Juran's Quality Handbook by Defeo (7th edition),
- Productivity. An output performance index, such as units produced per person/hour.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Productivity. Measures the relationship between actual inputs used (both quantities and costs) and actual outputs produced; the lower the inputs for a given quantity of outputs or the higher the outputs for a given quantity of inputs, the higher the productivity.