Productivity is a relative measure.

Name: Productivity is a relative measure.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

Productivity is a measure of how efficiently resources are used to produce goods and services. It is relative because it depends on the context and can be influenced by factors such as technology, workforce skills, and management practices. Therefore, productivity cannot be objectively measured in absolute terms, but rather in comparison to previous periods or similar industries.

Productivity Is a Relative Measure