Examlex
Which one of the following statements is not correct?
Proportionate Share
A proportional share refers to the portion of ownership, benefits, or obligations allocated to an individual or entity in accordance with their investment, contribution, or role.
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.
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