Examlex
In economics, what is the cost of something?
Strategic Management
Strategic management is the process of formulating and implementing strategies.
Organisation's Resources
Various assets, including human, financial, physical, and informational, that an organization utilizes to function and achieve its objectives.
Productivity
The measure of the efficiency of a person, machine, system, etc., in converting inputs into useful outputs.
Output/Input
A measure of efficiency that compares the quantity or quality of outputs (results, products) generated by a system to the inputs (resources, time) used.
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