Difference between revisions of "Productivity"
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According to [[Juran's Quality Handbook by Defeo (7th edition)]], | According to [[Juran's Quality Handbook by Defeo (7th edition)]], | ||
:[[Productivity]]. An output performance index, such as units produced per person/hour. | :[[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. | ||
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*[[Controlling Quarter]]. | *[[Controlling Quarter]]. | ||
− | [[Category:Management]][[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]][[Category: Quality Management]] | + | [[Category:Management]][[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]][[Category: Quality Management]][[Category: Accounting]] |
Latest revision as of 12:45, 11 July 2020
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.