Business – 4.1 The nature of operations – Efficiency, effectiveness, productivity and sustainability | e-Consult
4.1 The nature of operations – Efficiency, effectiveness, productivity and sustainability (1 questions)
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Labour productivity measures the amount of output produced per unit of labour input. It is commonly expressed as:
Labour Productivity = Total Output ÷ Total Labour Input
Where:
- Total Output can be measured in units produced, sales value, or any other output metric.
- Total Labour Input is usually measured in hours worked, number of employees, or labour cost.