Productivity vs Efficiency

Productivity VS Efficiency PRODUCTIVITY low EFFICIENCY : ::. *:.:::::..:: med high Meaning Productivity is the Efficiency means actual output produced producing desired results by an organization. It is with little or no waste also defined as the with very few resources. power of producing in It means no wastage of abundance. time, resources, work, and materials. Output Productivity is the Efficiency is the quality of quantity of the output. It the output. It measures measures bulk output. the proportion of output that works as intended. Performance Productivity is the Efficiency is how well performance of the employees have employees in performed to achieve the completing the task. task. Costs Productivity doesn't Efficiency does take take underlying costs underlying costs management. management. Measure Productivity is just Efficiency reflects output that shows how productivity that much someone generates profit, includes accomplished. built-in quality control. Productivity + Efficiency = True Productivity Source: https://empmonitor.com/blog/productivity-vs-efficiency/ ...