Question: Efficiency is ________. A. the degree to which a predetermined objective or target is met B. the difference between an actual input quantity and a
Efficiency is ________.
| A. the degree to which a predetermined objective or target is met | |
| B. the difference between an actual input quantity and a budgeted input quantity | |
| C. the continuous process of comparing a firm's performance levels against the best levels of performance in competing companies | |
| D. the relative amount of inputs used to achieve a given output level |
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