What is X-Efficiency?
Economist Harvey Liebenstein’s definition of a company’s ability to use workers, machines, technology, etc., to produce maximum output at the lowest cost, as quickly as possible. Enterprise tag management promotes X-Efficiency.
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Economist Harvey Liebenstein’s definition of a company’s ability to use workers, machines, technology, etc., to produce maximum output at the lowest cost, as quickly as possible. Enterprise tag management promotes X-Efficiency.
