The efficiency
Example: Efficiency measures how well resources are used to produce results
Definition
"Efficiency" refers to the ability to achieve maximum productivity with minimum wasted effort or expense. In management, "efficiency" measures how well resources such as time, money, and materials are used to produce desired results effectively and economically.
Etymology
The word "efficiency" comes from the Latin verb 'efficere,' meaning 'to accomplish' or 'to bring about.' It entered English in the early 17th century, initially relating to power or effectiveness. Did you know? The root 'facere' means 'to do' or 'to make,' highlighting the concept of producing results.
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"The efficiency" appears in the Vocaplus list "English - Management - (A1-C2) - set 1", containing 108 commonly used words.
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