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Anna35 [415]
3 years ago
12

Efficiency is:

Business
1 answer:
sattari [20]3 years ago
6 0

Answer:

d. defined as the time it takes to produce a product.

Explanation:

There are two concepts i.e Efficiency and effectiveness

Efficiency: In this, the work or task is performed with minimum time, effort and with available resources or we can say in the best possible manner. It deals with the techniques, not the output that will be produced after applying the techniques

Effectiveness: In this, the business organization aims to achieve its goals and objectives. It gives the end result of a particular task.

So, the correct option is d.

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3 years ago
The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells
wariber [46]

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Data provided in the question

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