inefficiency

  • 131inefficiently — inefficient in‧ef‧fi‧cient [ˌɪnˈfɪʆnt◂] adjective producing goods or working in a way that uses more time, money etc than necessary: • the assumption that the public sector is wasteful, inefficient and unproductive inefficiently adverb… …

    Financial and business terms

  • 132technical efficiency — ➔ efficiency * * * technical efficiency UK US noun [U] PRODUCTION ► a situation in which a company or a particular machine produces the largest possible number of goods with the time, materials, labour, etc. that are available: »We place a lot of …

    Financial and business terms