Efficiency and Productivity

Efficiency and productivity are closely related concepts and it is difficult to differentiate between the two. We can think of efficiency to be related to quality while productivity links itself to quantity. It is essential that a business finds the right balance of efficiency and productivity to minimize losses.   Efficiency Efficiency is related to …

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Why You Need Effective Strategies for Employee Development

Strategies for employee development and retention not only benefit the employees but also help in the productivity and growth of your firm. Being able to maintain a positive relationship with your employees drives them to perform better and to grow in their team. In order to understand the development of these strategies, employers need to …

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