X-Efficiency

What Is X-Efficiency? X-efficiency refers to the degree of efficiency maintained by firms under conditions of imperfect competition. Efficiency in this context means a company getting the maximum outputs from its inputs, including employee productivity and manufacturing efficiency.

See Also

• Competitive Advantage
• Define Business Strategy
• Definition of IT Strategy
• Define e-Business Strategy
• Define Corporate Governance of Information Technology
• Define enterprise architecture
• What is IT Sourcing?
• Define IT Operations
• CIO