EXCERPT FROM THE STUDY
Productivity is a concept often misinterpreted with efficiency by many people. However, both concepts exhibit similarity, yet they are different economic concepts. In the formal educational system, both concepts each refer to a different relationship between inputs and outputs. Inputs are the resources used to produce education, such as per-student expenditures; student-teacher ratios; teacher education, experience, and salary; school facilities; and administrative factors, the teachers’ time; buildings; learning materials; equipment; students, time, etc. While outputs are the products of education such as the number of students who are educated, their qualifications, their cognitive learning, the cultural, sporting and life skills they have obtained, the welfare services provided by the schools, etc. It is important to note that output is distinct from objectives. While objectives encompass broad purpose of education service, for example, vocational training, intellectual, physical growth of the students, etc, output, on the other hand, refers to the specific means by which these broad objectives are achieved. For instance, equality of opportunity or access to education is an objective, but achieving a target of 40% female access of the available opportunity in that form of education is an output. Thus, while efficiency is more concerned with the internal cost of the production process, productivity, in its own right, focuses more on output.
ABSTRACT
Taxation is one of the major fiscal policies the government of any nation such as Nigeria can...
Background to the Study
The advancement of internet technology has resulted in its adoptio...
Abstract
This project seeks to examine the role of capital market in development of Nigeria Economy. This study in...
Background to the study
Tax, the whole world over is a major source of revenue to the government. The m...
Abstract: THE IMPACT OF DIVIDEND POLICY ON SHAREHOLDER WEALTH
This research aims to evaluate the impact of dividend policy on shareholder...
ABSTRACT
This study entitled “An Examination of the Crime of Genocide under International Humanitarian Law” dealt with crime...
ABSTRACT
This study is intended to examine the high scale and increasing frequency of violence witnessed in Nigeria today. As a study in...
Background
Most producers use intermediaries to bring their products to market. They use a set of interdependent organiz...
Abstract: THE IMPACT OF BUSINESS ANALYTICS ON PRODUCT DEVELOPMENT
This study investigates the imp...
ABSTRACT
The objective and aim of his project work is to examine the impact of foreign capital on entre...