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Showing results for tags 'efficiency'.
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Q. 199 What are some examples of most common efficiency metrics that are used in the business world? Which one's may be considered better than the others? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian
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Efficient, Effective
Vishwadeep Khatri posted a question in We ask and you answer! The best answer wins.
Q 61. Efficient or Effective - (Flash Short Answer Question - Max 100 words answer, winner gets 1000 points - closes 9:00 PM IST on 3rd January 2018) - Provide One Example of a process that is efficient but not effective and one of a process that can be considered effective but not efficient. Daily use or easy to relate examples are likely to win. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-b