production and productivity Flashcards
1
Q
Define production
A
the process of manufacturing a product
2
Q
define productivity
A
the level of efficiency throughout the production process
3
Q
Give an example of a method used to increase productivity
A
Use of new technology or machinery
Training of workers
improving workplace morale
more effective management
4
Q
Name some benefits of increased productivity
A
Increased output that should lead to increased sales.
It could lower costs
Improve the quality of products