This document discusses productivity, including its definition, types, importance, measurement, and factors affecting it. Productivity is defined as the ratio of output to input. There are two types of productivity: partial, which measures individual resources, and total, which considers all resources. Improving productivity is important because it increases standards of living and efficient resource use. Productivity can be measured by changes in output per input unit or input per output unit. Factors influencing productivity include employee efforts, training, technology, management practices, and the external business environment. The document recommends better employee training, use of time studies, updated technology, incentives, and competition to increase productivity.