Efficiency Notes: Definitions & Explanations PDF | Download eBooks
Study Efficiency lecture notes PDF with organizational behavior definitions and explanation to study “What is Efficiency?”. Study efficiency explanation with organizational behavior terms to review organizational behavior course for online MBA programs.
Efficiency Definition:
Degree to which an organization can achieve its ends at a low cost.
Organizational Behavior by Stephen P. Robbins, Timothy A. Judge
Efficiency Notes:
Effectiveness is the (frequently quantifiable) capacity to abstain from squandering materials, vitality, endeavors, cash, and time in accomplishing something or in creating an ideal outcome. In a progressively broad sense, it is the capacity to do things well, effectively, and without waste. n increasingly numerical or logical terms, it is a proportion of the degree to which info is all around utilized for an expected errand or capacity (yield). It regularly explicitly involves the capacity of a particular use of exertion to create a particular result with a base sum or amount of waste, cost, or superfluous exertion. Effectiveness alludes to altogether different sources of info and yields in various fields and ventures. Proficiency is regularly mistaken for adequacy. By and large, effectiveness is a quantifiable idea, quantitatively controlled by the proportion of helpful yield to add up to information. Viability is the less complex idea of having the option to accomplish an ideal outcome, which can be communicated quantitatively yet does not generally require more confused arithmetic than expansion.
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