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20 Types of Efficiency
John Spacey, July 01, 2017
Efficiency is the output of something in comparison to its maximum potential. It is the opposite of waste. Calculating efficiency requires a measurement of maximum potential. As such, it is used to describe highly measurable processes and machines. The work of people is described by a similar term, productivity. The following are common business efficiency terms.
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Efficiency ExamplesA definition of efficiency with examples.
Efficiency TypesThe common types of efficiency with examples.
InefficiencyThe common types of inefficiency.
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