What is calculating efficiency? How can efficiency calculation software help?
Business efficiency calculator is a tool that allows controlling business resources, as efficiency in business is the ability to use available business resources and means with maximal productivity and utility. In other words question “how to calculate efficiency?” refers to specific understanding of “efficiency” and way to apply this conception in practice. In order to calculate efficiency that can be understood in business as determination of utility which some business resource is used with, you need to design the appropriate efficiency calculation formula in accordance with calculation of utility. Utility is determined by quality of inputs processing and producing outputs. That’s why process of calculating efficiencyis strongly related to calculation of productivity and taking business resources under accurate control which can be carried out with a help of efficiency calculation software. • How to design efficiency calculation formula for specific business case? In the result of e
