Efficiency example sentences
But undue emphasis on high efficiency without being effective is also not desirable.It is possible to assess the profitability, solvency and efficiency of an enterprise through the technique of ratio analysis.Turnover ratios are calculated to determine the efficiency of operations based on effective utilisation of resources.Therefore, it is necessary to increase our production efficiency for both crops and livestock.The tools for analysis help in studying accounting data so as to determine the continuity of the operating policies, investment value of the business, credit ratings and testing the efficiency of operations.Proper organisational techniques help in the accomplishment of work and promote both the efficiency of operations and the effectiveness of results.It reveals the efficiency of the business in utilisation of funds entrusted to it by shareholders, debenture-holders and long-term liabilities.Whatever doubt James may have had about Sir John's efficiency were quickly dispelled when he reported for the conference and found that all the experts listed by him were there.Babylonia, known as the city of commerce, used accounting for business to uncover losses taken place due to frauds and lack of efficiency.They help summarise the financial information effectively and assess the managerial efficiency, firm s credit worthiness, earning capacity, etc.Usually high efficiency is associated with high effectiveness which is the aim of all managers.What is the secret behind the efficiency with which their business is conducted? The story of the dabbawallas begins in the kitchens of Mumbai.Efficiency and the technology evolved by people have made these countries rich/developed.Countries differ from one another in terms of their socio-economic development, availability, cost and efficiency of economic infrastructure and market support services, and business customs and practices due to their socio-economic milieu and historical coincidences.Analysis of financial statements reveals important facts concerning managerial performance and the efficiency of the firm.
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