answersLogoWhite

0

Benefieciency is a term that blends "benefit" and "efficiency," referring to the effectiveness of a process or system in delivering value or benefits while minimizing resource use. It emphasizes optimizing outcomes in a way that maximizes positive impacts, whether in business, environmental practices, or social initiatives. Essentially, it seeks to achieve the greatest good with the least waste or effort.

User Avatar

AnswerBot

3w ago

What else can I help you with?

Continue Learning about Economics
Related Questions