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Define concepts of efficiency, effectiveness and productivity respectively, and explain their interrelationships

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Operations Management

Define concepts of efficiency, effectiveness andproductivity respectively, and explain theirinterrelationships

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Efficiency Efficiency indicates peak performance that uses minimum inputs to achieve maximum output For example if a manager wants to convey a message to his employees sending them an email collectively is a more efficient method as compared to writing a letter to each one of them To be efficient one must do things the right way by eliminating or minimizing the number of unneeded resources including    See Answer
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