presman

Explain the concept of Efficiency with respect to economic systems.

Economic System can be used by organization to make financial progress. Please elaborate the concept of efficiency observed in marketing system.

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ashwini

A fiscal system is a process intended for generating, releasing and also having things and providers, for example the combined various establishments

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sathianarayan

Economical Devices is really a refereed log for the examination involving will cause along with outcomes of the major institutional diverseness predominant

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majad

Efficiency is concerned with the relationship between goods and services produced (the outputs) and the resources used to produce them (the inputs). An efficient entity produces the maximum output from any given set of inputs.

Source: http://in.docsity.com/en-docs/Audit-Introduction_to_Public_Administration-Lecture_Handout_

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