Describe the meaning of productivity. Why is it important?

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Text Chapter 2, Operations Strategy and Competitiveness. In class we will cover core competencies and competitive priorities.

Write a paper answering the questions below:
It is to discuss your answers to these questions on productivity:
Describe the meaning of productivity. Why is it important?
Describe the different types of productivity measures. Could you use a firms total period Sales and their total Cost of Goods Sold in the same period to calculate productivity? If yes, provide an example from a company’s actual released financial reports. If not, explain your reasons.

The e-book mentioned on top is available in the link below –
https://bookshelf.vitalsource.com/reader/books/9781119497066/epubcfi/6/26[%3Bvnd.vst.idref%3Dc02]!/4[c02-body-0001]

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