Outputs
Outputs refer to the results of a process or activity. Outputs can be tangible, such as a product or service, or intangible, such as knowledge or understanding. Outputs are the end result of a process, and they are often used to measure the success of a project or activity. Outputs are also used to measure the efficiency of a process, as they can be compared to the inputs used to create them. Outputs can be used to measure the effectiveness of a process, as they can be compared to the desired outcomes.
History of Outputs
The concept of outputs has been around for centuries, but it was not until the industrial revolution that it became widely used. During this period, outputs were used to measure the efficiency of production processes. Outputs were also used to measure the effectiveness of a process, as they could be compared to the desired outcomes. Outputs have since become an important part of many business processes, as they are used to measure the success of a project or activity.
Comparison of Outputs
| Inputs | Outputs |
|---|---|
| Time | Productivity |
| Money | Profit |
| Resources | Outputs |
Summary
Outputs are the end result of a process, and they are often used to measure the success of a project or activity. Outputs can be tangible, such as a product or service, or intangible, such as knowledge or understanding. Outputs are also used to measure the efficiency of a process, as they can be compared to the inputs used to create them. Outputs can be used to measure the effectiveness of a process, as they can be compared to the desired outcomes. For more information about outputs, visit websites such as Investopedia, The Balance, and Business Insider.
See Also
- Inputs
- Processes
- Efficiency
- Effectiveness
- Productivity
- Profit
- Outcomes
- Metrics
- Goals
- Objectives
