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Discuss the problems of measuring productivity in actual work situations. How might productivity be measured for each...

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Economics

Discuss the problems of measuring productivity in actual worksituations.

How might productivity be measured for each of the followingindustries?

a.Education(e.g.,elementaryandsecondaryeducation,highereducation—undergraduateand graduate)

b. Government (e.g., the Social Security Office, the InternalRevenue Service)

c. Manufacturing (e.g., soap and toothpaste, computers, heavymachinery)

d. Finance and insurance (e.g., banks, insurance companies,brokerage houses)

Answer & Explanation Solved by verified expert
4.3 Ratings (864 Votes)
At workplace productivity has different criteria which is based on the type of workplace There is not standardised measure though there are some guidelines which could be followed Measuring productivity becomes difficult when the workforce is more When there are more employees it becomes difficult to assess the    See Answer
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