The concept of labour productivity is covered in this video.
#alevelbusiness #businessrevision #aqabusiness #tutor2ubusiness #alevels #edexcelbusiness #businessalevel
VIDEO CHAPTERS
0:00 Introduction
0:12 What is Labour Productivity?
0:44 Why Labour Productivity Matters
1:27 Labour Productivity Illustrated (Units)
2:56 The Key Point: Higher Labour Productivity = Lower Labour Costs per Unit
3:09 Factors Influencing Labour Productivity
4:19 Calculating Labour Productivity
4:55 Labour Productivity Example
5:33 Ways to Improve Labour Productivity
6:44 Some Potential Problems When Trying to Increase Labour Productivity