Efficiency is when something or some one is performing or functioning in the best possible manner reducing the waste of time, effort, and money.
If you really want to succeed in life, you have to learn to manage your time, efforts, and money wisely. Wasting time, efforts, and money is what normally keep people from accomplishing their goals in life. Being efficient will not only benefit individuals but businesses as well. History has taught us that if a business does not manage its resources properly, it is doomed to fail. In order to be successful, both individuals and businesses need to be as efficient as possible.
Edited by Reginald Forest
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