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efficiency
by 趙永祥 2016-05-13 07:51:49, Reply(0), Views(220)

BusinessDictionary.com
TERM OF THE DAYMAY 12, 2016
efficiency
f   t

The comparison of what is actually produced or performed with what can be achieved with the sameconsumption of resources (money, time, labor, etc.). It is an important factor in determination ofproductivity. See also effectiveness
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USAGE EXAMPLE
The efficiency of the production of cars was greatly improved by Henry Ford and his development of the assembly line, in which each worker performed a specific operation and then sent the car to the next worker.
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