BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Efficiency is defined as, “maximum productivity with minimum wasted effort or expense”, so an efficient person can get more done with less.

Detailed explanation-2: -Being efficient in your day-to-day operations helps you improve your productivity, increases your production output and can eliminate time-consuming admin tasks. It may also mean that you don’t need to rely so heavily on external suppliers, expensive machinery or even stop-gap employees.

Detailed explanation-3: -Productivity means doing more work during the same time frame, and efficiency means doing the same amount of work in less time. They’re two separate things and concepts, but it’s important to remember they’re interdependent.