Effectiveness

All Washed Up
The term 'all washed up' is an idiom often used to describe someone or something that is no longer effective, successful, or relevant.
Operational Audit
An operational audit is a thorough review of an organization's activities to assess whether they are being carried out efficiently and effectively, and to identify opportunities for improvement.
Process Innovation
Process innovation refers to the implementation of a new or significantly improved production or delivery method. This can include changes in techniques, equipment, or software and aims to increase efficiency and effectiveness in an organization.
Responsibility
Commitments and duties associated with a position in an organization. The manner in which responsibilities are fulfilled determines overall organizational effectiveness and productivity.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.