technical inefficiency — UK US noun [U] PRODUCTION ► a situation in which a company or a particular machine fails to produce the largest possible number of goods with the time, materials, labour, etc. that are available: »This article examines the technical inefficiency… … Financial and business terms
technical 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
inefficiency — inefficient in‧ef‧fi‧cient [ˌɪnˈfɪʆnt◂] 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
x-inefficiency — ˌx inefˈficiency noun [uncountable] when a business does not achieve the best results in the most economic way in relation to the number of employees, machines etc it has: • A firm’s X inefficiency is measured by how much it differs from the… … Financial and business terms
National Technical Research Organisation — The National Technical Research Organisation (NTRO) is a premier apex scientific organization under the National Security Advisor in the Prime Minister s Office, India.[1] It was set up in 2004.[2] It also includes National Institute of… … Wikipedia
x-inefficient — x inefficiency ˌx inefˈficiency noun [uncountable] when a business does not achieve the best results in the most economic way in relation to the number of employees, machines etc it has: • A firm’s X inefficiency is measured by how much it… … Financial and business terms
monopoly and competition — ▪ economics Introduction basic factors in the structure of economic markets.In economics monopoly and competition signify certain complex relations among firms in an industry. A monopoly implies an exclusive possession of a market by a… … Universalium
Stochastic Frontier Analysis — is a method of economic modeling. It has its starting point in the stochastic production frontier models simultaneously introduced by Aigner, Lovell and Schmidt (1977) and Meeusen and Van den Broeck (1977).The production frontier model without… … Wikipedia
Poverty and Pauperism — • Persons whose existence is dependent for any considerable period upon charitable assistance, whether this assistance be public or private. Catholic Encyclopedia. Kevin Knight. 2006. Poverty and Pauperism Poverty and Paup … Catholic encyclopedia
Economy of North Korea — Economic centre of North Korea Currency North Korean won Fiscal year … Wikipedia
Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics … Wikipedia
