Business productivity refers to the efficiency with which a company converts inputs, such as resources, labor, and capital, into outputs, typically goods or services. It is a measure of how effectively a business utilizes its resources to generate maximum output with minimal waste. High business productivity implies that a company is able to produce more with the same amount of input, or maintain output while reducing resources used. Factors affecting business productivity include technology, workforce skills, management practices, and operational processes. Improving business productivity can lead to increased profitability, competitive advantage, and overall organizational success.
FactSet Unveils Revolutionary AI Tool for Investment Banks FactSet, a premier player in the global financial technology landscape, has introduced the Pitch Creator, an innovative solution powered by GenAI. This…