Examlex
Explain two popular options available for a manager who wants to restructure an organisation.
Calculating Efficiency
The process of measuring the ratio of useful output to total input in any system, often used for assessing performance.
Economic Progress
An increase in the level of production and consumption in an economy, leading to improvements in the standard of living.
Continuous Improvement
An ongoing effort to enhance products, services, or processes to increase efficiency and quality.
Stated Objective
A clearly defined goal or target that an individual or organization aims to achieve.
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