MIS - assignment 4

• Effectiveness- Degree in which objectives are achieved and the extent to which target problems are resolved.
• Efficiency- A general term capturing the amount of waste or other undesirable features. How efficient is the trading going on the financial market.
  
• Pro ducting- Is a measure of output from a production process per unit of input.

Ex. Labor productivity is typically measure as a ration of output per labor hour an input,