Vfm

This topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.

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June 6, 2017 at 11:35 am #390837
irenegsy
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One of the element is vfm is efficiency..is this the higher the ratio the more efficient a?

Usually critise in que what we ned to discuss?

Swot analysis what we need to know?

Thanks
June 6, 2017 at 3:34 pm #390909
Ken Garrett
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If efficiency is something like production per employee, then high is good. If it is measured as something like hours needed per unit made then high is poor.

Criticise shortcomings, problems

SWOT is covered in our notes and lectures.
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