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EFFICIENCY

Statistics Directorate    
French Equivalent: Efficacité

Definition:
Efficiency means achieving maximum output from a given level of resources used to carry out an activity.

Source Publication:
Effects of European Union Accession, Part 1: Budgeting and Financial Control, OECD SIGMA Paper No. 19, March 1998, Appendix 3: List of Useful Terms + businessdictionary.com.

Hyperlink:
http://www.businessdictionary.com/definition/efficiency.html

Statistical Theme: Public management

Created on Tuesday, August 06, 2002

Last updated on Wednesday, June 12, 2013