Task: I want to write an essay on this and I am completely stuck. The firm has to be a bank branch.
Begin by briefly explaining the business, the product(s) and input(s). Clearly explain the measure of output per period and the measure of input per period.
Try to provide numerical examples, show how it is used, and (if possible) benchmark.
Critically evaluate the measure - do changes in what we mean by productivity of the input change this measure? Does the measure change, for reasons other than because of changes in what we mean by productivity of the input?
Consider alternative measures. If a productivity measure does not exist, devise one, and provide numerical examples. Evaluate how well the existing or proposed measure corresponds to what it is trying to measure.