production and productivity Flashcards

1
Q

Define production

A

the process of manufacturing a product

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2
Q

define productivity

A

the level of efficiency throughout the production process

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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

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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

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