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productivity
Introduction
• Productivity means that the
balance between all factors of
production that will give the
greatest output for the smalles...
Need and importance of productivity.

Better utilistion of resources

Increase in profits
Increase in shareholder
wealth.

Improves corporate image

Increase in salary and
wages.
Fulfills social
responsibility

Face international
competition
Factors affecting productivity.
Capacity and skill of employees

training

level of technology
Work environment.

Proper planning.
Unity of command
Measures to increase productivity.
Better technology
Process re engineer

De centralisation
Monetory and nonmonetory rewards
training

Laying benchmarks
Difficulties in measuring productivity.

No standard
norm.

Intangible
output

Lack of
proper
records.

Group work.

Multi...
Mmm

• Productivity from factors of production should
help earn sufficient returns
and so be effectively measured.
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Productivity

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Productivity

  1. 1. productivity
  2. 2. Introduction
  3. 3. • Productivity means that the balance between all factors of production that will give the greatest output for the smallest effort. ------peter drucker.
  4. 4. Need and importance of productivity. Better utilistion of resources Increase in profits
  5. 5. Increase in shareholder wealth. Improves corporate image Increase in salary and wages.
  6. 6. Fulfills social responsibility Face international competition
  7. 7. Factors affecting productivity. Capacity and skill of employees training level of technology
  8. 8. Work environment. Proper planning. Unity of command
  9. 9. Measures to increase productivity.
  10. 10. Better technology Process re engineer De centralisation
  11. 11. Monetory and nonmonetory rewards training Laying benchmarks
  12. 12. Difficulties in measuring productivity. No standard norm. Intangible output Lack of proper records. Group work. Multiple responsibiliti es. Inflationary trends. Variable and inconsistent output. Multiple products.
  13. 13. Mmm • Productivity from factors of production should help earn sufficient returns and so be effectively measured.

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