Allocative efficiency

Allocative efficiency,

Definition of Allocative efficiency:

  1. Alternative term for economic efficiency.

How to use Allocative efficiency in a sentence?

  1. By using allocative efficiency methods in its human resources department, the company saved money on office supplies and streamlined its candidate interview process.
  2. The allocative efficiency achieved by the new team in the department was outstanding and set a new record for our firm.
  3. If you want to figure out if you should proceed with a certain product you must be able to predict its allocative efficiency .

Meaning of Allocative efficiency & Allocative efficiency Definition