What is another word for cost efficiency?

Pronunciation: [kˈɒst ɪfˈɪʃənsi] (IPA)

"Cost efficiency" refers to the ability to achieve a desired outcome or objective while minimizing expenses. Some synonyms for this term include "cost-effectiveness," which refers to making the most of resources to achieve a desired result, and "economic efficiency," which refers to the allocation of resources in a way that maximizes the output for a given input. Other synonyms for cost efficiency include "frugality," which refers to the practice of using resources wisely and avoiding waste, and "lean operations," which refers to a business approach that seeks to eliminate waste and improve efficiency. Finally, "savings" and "reduced expenses" are also synonyms for cost efficiency.

Synonyms for Cost efficiency:

What are the hypernyms for Cost efficiency?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: cost-efficient, cost efficient products, cost-effective, cost-effectiveness, what does it mean to be cost efficient, how to be cost efficient, how to be more cost efficient, how to reduce costs, savings

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