efficiency
Efficiency - the relationship between the goods produced, services rendered or the result achieved and the resources used. According to Peter Drucker, efficiency is to make sure any process. According to Leandre Vieira, being efficient is to do more with less. Complementing these ideas, we can say: efficiency is the way to make sure a process of good quality in the short term, with the lowest number of errors.
- Part of Speech: noun
- Industry/Domain: Business administration
- Category: Business management
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- andreia33
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(Leiria, Portugal)