Which concept best defines efficiency?
A) absolute fairness
B) equal distribution
C) minimum waste
D) consumer satisfaction

Question

Quizplus · Accepted Answer

Efficiency is the concept of achieving maximum results with minimum waste or inputs. Therefore, option C, which mentions minimum waste, is the best choice to define efficiency. Options A and B are more related to the concept of equity, whereas option D is more related to the concept of effectiveness.

Which Concept Best Defines Efficiency