Difference between revisions of "Efficiency"

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==Definition==
 
==Definition==
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== Summary==
 
== Description ==
 
== References ==
 
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==Related articles==
 
 
[[Effectiveness]]
 
 
[[Category:Benefits‎]]
 
[[Category:Validation benefits‎]]
 
  
[[Category:Challenges]]
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[[Category:Attitude‎]]
[[Category:Learning challenges‎]]
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[[Category:Validation challenges‎]]
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Latest revision as of 16:30, 21 December 2015


Definition

The comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.). It is an important factor in determination of productivity (BusinessDictionary, http://www.businessdictionary.com/definition/efficiency.html)