Difference Between Productivity And Efficiency

Difference Between Productivity And Efficiency

The major dissimilarities or difference between productivity and efficiency can be described as follows:

1. Introduction 

Productivity: It is a rate of production or output for a specific period of time.

Efficiency: It is a quality and ability to maximize output with available resources

2. What Is It ?

Productivity: It is a ratio of output and input

Efficiency: It is a ratio of actual and standard output

3. Emphasize On

Productivity: It gives emphasize on quantity or volume of production

Efficiency: It gives focus on quality of product and proper utilization of resources

   

Also Read: 

Difference Between Production And Productivity

4. Measure Of

Productivity: It is a measure of production quantity or outputs

Efficiency: It is a measure of resources or inputs

5. Related To

Productivity: It is related to production parameters

Efficiency: It is related to production capacity.

Productivity Vs Efficiency (Comparison Chart)

Basis	Productivity	Efficiency
Introduction	Rate of production for a specific period	Ability to increase production or output
It Is	Input and output ratio	Standard and actual output ratio
Emphasize On	Volume of output	Resource utilization
Measure Of	Output	Inputs
Related To	Production parameters	Production capacity

I hope this post is helpful to understand the difference between productivity and efficiency and to make comparison between them.