Question

define the following terms efficienty​

Answer 1

Answer:

Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output. ... It minimizes the waste of resources such as physical materials, energy, and time while accomplishing the desired output.

Answer 2

Answer:

• Efficiency focuses on optimum use of resources to achieve the goal.
• it refer to doing the task correctly and with minimum cost.
• it focuses at cost benefit analysis.