Final answer:
Efficiency is getting work done with a minimum of effort, expense, or waste.
Step-by-step explanation:
The correct answer is b. Efficiency.
Efficiency is the ability to accomplish a task with the least amount of effort, expense, or waste. In business, efficiency is often measured by productivity, which refers to the amount of output produced per unit of input.
For example, in a manufacturing company, efficiency can be achieved by optimizing production processes, reducing waste, and improving resource allocation. This can lead to cost savings, higher profits, and a competitive advantage in the market.