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In business efficiency is achieving the goal with least amount of resource consumption. Productivity and effectiveness are calculated by using an efficiency comparison.
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How could one define operational efficiency?
Operational efficiency can be defined as the ratio between the input to run a business operation and the output gained from the business. When improving operation efficiency, the output to input ratio improves.
An increasing in efficiency gained by producing more output without using more inputs is called what?
That term is known as economic efficiency
When a business is using methods that help it use its time and resources the best they can what are they exercising?
efficiency
What is meant by business aims?
The long term goals of a business are the aims and the objectives are the short term steps you take to get there.
Define optimal efficiency How is optimal efficiency achieved in production?
Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it has at the lowest cost possible. It is achieved in production by taking all of the production's waste product and dividing the waste product by the overhead costs. A sum of zero is the optimal efficiency.
To what extent is HR management able to improve the efficiency of a business?
To what extent is Human Resource Management able to improve the efficiency of the business.
How could one define operational efficiency?
Operational efficiency can be defined as the ratio between the input to run a business operation and the output gained from the business. When improving operation efficiency, the output to input ratio improves.
What is the percentage of energy used to do work called?
The term EFFICIENCY is defined as useful work, divided by total energy expenditure.
The term radioactivity is further explained by the use of a what?
a definition
How does technology improve business?
it improves the efficiency of a business because more work is being done
What term refers to the efficiency of a rocket's engine?
Specific impulse
On what page in James Truslow Adam's The Epic of America was the term 'American Dream' explained?
The term "American Dream" is explained in the epilogue of his book "Epic of America". It starts on page 412 and on page 415 the term is mentioned the first time... ;)
Which term is also known as choking?
Choking can be explained as an airway obstruction.
Is a measure of the efficiency of an investment?
The ROI is a measure of the efficiency of an investment. ROI is a term used in the financial world, it means return on investment.
An increasing in efficiency gained by producing more output without using more inputs is called what?
That term is known as economic efficiency
A term to describe the efficiency of the metabolism and the recovery cycle?
Metabolic rate.
What are the benefits of metrication?
business can improve production efficiency and cut cost. ;D
