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Productivity (1)
PRODUCTIVITY (1)

Definition: The rate at which a worker, a company or a country produces goods, and the amount produced, compared with how much time, work and money is needed to produce them.
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* All five elements should be in.


1. At a minimal cost. That is, output is as expected but with the least outlay - time, labour, funds, etc. That is, the rate will be cost-effective.
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AT THE MAXIMUM LEVEL.


2. Constant and/or assured, that is, production line is ever busy. In other words, goods are produced regularly and unfailingly over time, without a decline in production rate.
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STRESS-FREE.
Below the Line
3. Improvable. That is, rate (= productivity) can still be increased (= enhanced), even though it already seems to be maximal.
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OPTIMAL.


further below the line


4. Gains or savings from effectiveness of production processes are optimally utilized. That is, saved time, funds, etc. are applied for the benefit of worker, company or country, as appropriate.
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BENEFICIAL.


much further below the line


5. No unplanned loss arises from 'high' output. That is, the work-life balance must be appropriate to ensure a continuous desired level of production. In other words, employers and employees are fully satisfied with the prevailing industrial conditions resulting in maximum profit/output.
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WORTHWHILE.

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