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What Is The Difference Between Productivity And Productive System?

Answer»

Productivity can be defined as the MEASURE of the amount of INPUT required to PRODUCE a given output or it can be also be defined as the ratio of output to input, whereas production system can be explained as a system in which a few INPUTS are given to get the required output through some transformation processes.

Productivity can be defined as the measure of the amount of input required to produce a given output or it can be also be defined as the ratio of output to input, whereas production system can be explained as a system in which a few inputs are given to get the required output through some transformation processes.



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