Questions

Productivity is a result of the way that a business operates – the result of the way that its people, business processes, different functional units and suppliers come together to meet the needs and wants of its customers.

Productivity is the combination of intelligent planning and focused efforts and hence, it is a combination of Efficiency and Effectiveness.

Efficiency :

Efficiency is an internal measure of performance for companies that shows how well the company converts inputs into outputs. The more the ratio of outputs to inputs approaches 100 percent, the better the efficiency of the process will be. In simple terms, it is “doing things right” and comes from proper harnessing of time, cost and efforts.

Effectiveness :

Organizational effectiveness is an external measure of performance and indicates how well an organization fulfills the demands of various organizational stakeholders. Simply put, it is “doing the right things."

Later in 1840, Rowland Hill invented the stamp, which was paid for by the sender, not the receiver.

In a computer, the area where the data is stored for the quick access by the computer's processor is called Main storage or Primary storage or Memory or RAM.

Hence, main storage is also called Memory.

During vigorous exercise capillaries of the active muscles will be engorged with blood.