English

Efficiency is concerned with ______. -

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Question

Efficiency is concerned with ______.

Options

  • Cooperation

  • Completion of task

  • Utilisation of minimum resources

  • Right man at right job

MCQ
Fill in the Blanks

Solution

Efficiency is concerned with utilisation of minimum resources.

Explanation:

Efficiency is concerned with completing a task with the least amount of resources (i.e., inputs) while gaining greater rewards (i.e., the outputs). When fewer (minimum) resources are used and less expenses are spent for the same benefit or outputs, efficiency is increased.

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