What is a good synonym for efficiently?
synonyms for efficiently
- ably.
- expertly.
- skillfully.
- adeptly.
- dexterously.
- effectively.
- proficiently.
- well.
What is a cost efficiency?
Cost efficiency is the act of saving money by changing a product or process to work in a better way. This is done to improve the organization’s bottom line by decreasing procurement costs and improving efficiencies across the board.
How do you define cost effectiveness?
A cost-effectiveness ratio is the net cost divided by changes in health outcomes. Examples include cost per case of disease prevented or cost per death averted. However, if the net costs are negative (which means a more effective intervention is less costly), the results are reported as net cost savings.
What are some synonyms for the word efficiency?
Synonyms & Antonyms of efficiency
- edge,
- effectiveness,
- effectualness,
- efficaciousness,
- efficacity,
- efficacy,
- productiveness.
What is the synonym for more efficient?
More suitable or effective for a given need. better. improved. sounder. surpassing.
What is most cost effective?
The definition of cost effective is something that is a good value, where the benefits and usage are worth at least what is paid for them. An example of cost effective is using VOIP to talk on the phone long distance. Economical in terms of the goods or services received for the money spent.
What does most cost effective mean?
adjective. Something that is cost-effective saves or makes a lot of money in comparison with the costs involved.
How do you compare cost effectiveness?
How to do a basic cost-effectiveness analysis
- Measure the outcome. If you are comparing the cost effectiveness for two activities then you need to measure the outcome in question for both activities.
- Calculate the costs.
- Divide the cost by the outcome for each activity.
What does most cost-effective mean?
What is another name for economic efficiency?
Some terms that encompass phases of economic efficiency include allocative efficiency, productive efficiency, distributive efficiency, and Pareto efficiency.
What does highly efficient mean?
adjective. If something or someone is efficient, they are able to do tasks successfully, without wasting time or energy.