Business
productivity
noun
Definition
The efficiency with which inputs are converted into outputs in a business or economy.
In a sentence
“Investment in training is widely regarded as a key driver of workplace productivity.”
Synonyms
efficiencyoutputperformance
Common collocations
- increase productivity
- labour productivity
- productivity gap
More from Business
entrepreneur
noun
A person who organises and operates a business, taking on financial risk to do so.
globalisation
noun
The process by which businesses develop international influence or operate on an international scale.
revenue
noun
Income generated by a business from its normal business activities.
supply chain
noun
The network of organisations involved in producing and delivering a product to the consumer.