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."

“Sensitivity analysis helps to determine which risks have the most potential impact on the project.”

The United Nations has marked the first World Tuna Day (WTD) on May 2, 2017 to conserve one of the globe’s most popular fish to be caught and eaten and to highlight the vital socio-economic importance of tuna to people around the world. Tuna plays a critical role in sustainable development, food security, economic opportunity, and livelihoods of people around the world. At present more than 80 States have tuna fisheries, thousands of tuna fishing vessels operate in all the oceans and tuna fishery capacity is still growing in the Indian and Pacific Oceans. The Day was designated in December 2016 resolution of the UN General Assembly.

Arunachal Pradesh is known as the land of rising sun whereas Rajasthan is known as the land of setting sun in Indian states.