The period of oscillation of a mass M suspended from a spring of negligible mass is T. If along with it another mass M is also suspended, the period of oscillation will now be(a) T(b) T/√2(c) 2T(c) √2T
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Productivity is the ratio of output to input in production. It is a measure of the efficiency of production. It is related to the utilization or the use of resources to produce goods. It increases the output. It is the increase of output from each unit in the production process. If inputs remain the same and the production of output increases, then there is a rise in the level of productivity. If the output rises in a greater proportion than the increase in the input, there is still a proportionate rise in the level of productivity. However, if the output rises at a lower rate than the input, then there will be a fall in the productivity, even though there is an increase in production on the whole. Higher productivity results in a lower cost per unit of output resulting in higher levels of profit for a company. Thus, it refers to efficient utilization of resources. High productivity increase the economic well-being. It increases the income and the standard of living of the people. It brings in money for the company.
Productivity has the following advantages:
It emphasizes the efficient utilization of all the factors of production which are scarce universally.
It attempts to eliminate wastage.
It facilitates the comparison of the performance of a company to its competitors or related firms, in terms of aggregate results and of major components of performance.
It enables the management to control the performance of the company by identifying the comparative benefits rising out of the use of different inputs.
Productivity has the following advantages:
It emphasizes the efficient utilization of all the factors of production which are scarce universally.
It attempts to eliminate wastage.
It facilitates the comparison of the performance of a company to its competitors or related firms, in terms of aggregate results and of major components of performance.
It enables the management to control the performance of the company by identifying the comparative benefits rising out of the use of different inputs.
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