2.2

Question 1

What is efficiency

Answer 1

Producing goods with out Any waste of energy and money

Question 2

Productivity

Answer 2

Measure’s efficiency

Question 3

3 benefits of productivity

Answer 3

Increase final product
Decrease resources
Don’t jeopardise quality of product

Question 4

measures of efficiency

Answer 4

GDP and productivity

Question 5

How to improve gdp

Answer 5

Technology
Increased r and d
Investment in equipment
Stock management
Training and skilling of workforce
Marketing strategies