The ratio of outputs to inputs during a certain time period is used to determine productivity.
A typical definition of productivity is the ratio of input volume to output volume. In other respects, it assesses how effectively an economy uses labor and capital as production inputs to create a particular amount of output.
Organizations can detect performance gaps by starting with performance benchmarking. You may compare prior results to current standards and continually update the standard for better performance by tracking metrics and KPIs inside your company.
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