👉 Inefficiency is a concept that refers to a situation where an organization or individual does not meet its full potential due to limitations in resources, processes, or technology. It can manifest as poor quality work, time-consuming tasks, inefficient use of resources, and reduced productivity. Efficiency, on the other hand, refers to achieving maximum output from available resources, utilizing technologies effectively, and maintaining high levels of quality workmanship. The goal is to maximize output while minimizing costs. Inefficient processes often lead
