IGCSE, A Level Business Student Forum

Q5 Analyse the difference between production & productivity. [6]

Possible Structure:
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]

[kn] production is the process of creating goods and services and it involves the conversion of input into conversion of finished goods
[an] it deals with actual manufacuring or provision of poducts and the uotcome of the product is tangible and in tangible that the product is created as a result of he manufacturing and sevives delivery process
[an+]
[kn] productivity on the otherhand is the level of efficiency that compare the amount of uotput to the input used inthe production process
[an] its aim is to maximize output with the given rsources and is productivit is measured by uotput per unit and this measure include labo productvity
[an+] hus productivity is important for business as it leads to brand image and expand in business

[KN] Production is simply the amount of goods or services produced over a specific period.
[AN] It's a measure of absolute output, regardless of how efficiently it was achieved.
[AN+] Production doesn't take into account the resources used, like materials, labor, time, or energy. It paints an incomplete picture of efficiency.

[KN] Productivity measures how much output is generated per unit of input.
[AN] It assesses how efficiently resources are being utilized to achieve a certain level of production.
[AN+] Productivity takes into account all resources used, providing a more comprehensive picture of the process.