Economy, asked by Hassan18sian, 9 months ago

what is difference between efficiency and productivity

Answers

Answered by kaushikeebhatt21
0

Explanation:

productivity is the quantity of work produced by a team, business or individual. Efficiency, on the other hand, refers to the resources used to produce that work. So, the more effort, time or raw materials required to do the work, the less efficient the process. Efficiency can also refer to the quality of the output. Producing 100 widgets an hour may look good on a productivity spreadsheet, but it’s not very efficient if half of them are rejected because they don’t meet quality standards.

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