Efficiency refers to the ratio of output to a resource provided. it is considered to be an effective work for less input provided. it is referred to the ability to provide the best result by avoiding energy waste, or without wasting time, energy. it stands between the effective and less effective.
It helps to determine the workability of the task or how effective the work or process is.
France and Britain had the greatest influence on the culture of Canada. This was because of the Fur Trade and other trading systems that lead to the influence of cultures.
Pine uses Starbucks as an example to illustrate how price points change as consumers move from purchasing a simple product to purchasing an experience. Explain what happens to the cost for the customer as these stages progress
