👉 Efficience is a concept in business and management where one's efforts are directed towards achieving maximum efficiency, productivity and effectiveness. It involves using resources efficiently to maximize outcomes or results. This can include managing time effectively, minimizing waste, and maximizing opportunities for growth. Efficience is often associated with strategies that aim to improve the quality of work and increase output. Efficience is a key aspect of business strategy, where the focus is on optimizing processes and resources to achieve better outcomes. It involves
