Difference between revisions of "Template:Efficiency"
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− | 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 ( | + | 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)<noinclude> [[Category:Definitions]] </noinclude> |
Latest revision as of 18:03, 21 December 2015
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)