Efficiency can be measured by the relationship between inputs available in the organization and outputs earned by the organization. Measuring the relative efficiency is a verification of the organization and it tries to understand the position at present. Based on the efficiency measurement one can understand the organization is efficient or not? and also identify the reason behind the inefficient. It also suggest that the inefficient organization where it should give attention for improvement either in technology nor capability.
Efficiency can be measured by the relationship between inputs available in the organization and outputs earned by the organization. Measuring the rela...
