Examlex
Enterprise Risk Management:
Productivity
The effectiveness of productive effort, measured in terms of the rate of output per unit of input, often used to gauge the efficiency of an organization or industry.
Backup Source
An alternative or secondary supplier, system, or method available in case the primary option fails, to ensure continuity.
Unused Capacity
Resources or assets that are available but not currently being used to their fullest potential in production or operations.
Wasted Capacity
Resources or facilities that are underused or not used to their full potential, leading to inefficiency and lost productivity.
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