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."

• One who eats too much is called as Gourmand.

• One who eats a lot is called as Gannet.

• One who eats much more than they need is called as Glutton.

Paytm Payments Bank becoming the first bank to offer cash backs on deposits. Customers will also be offered zero charges on all online transactions and no minimum balance requirement. The Payments Bank plans to roll out 31 branches and 3,000 customer service points in the first year. For savings accounts, it will offer an interest of 4 percent per annum. It will also offer current accounts to its millions of merchants.

Merdeka cup is associated with Football in Indonesia.