Business Efficiency Terms

11 words in this vocabulary list

adjective relating to or concerned with the efficient use of resources

  • The company decided to implement more economical practices in order to reduce costs.
  • I always try to be economical when shopping for groceries.
  • I'm all about finding the most bang for my buck, so I'm all about being economical.
  • She found a way to be more economical with her time, allowing her to accomplish more tasks in a day.

adjective not achieving maximum productivity; wasteful or ineffective

  • The current system in place is highly inefficient and needs to be restructured.
  • Using that old computer is so inefficient, it takes forever to load anything.
  • This process is so janky, it's super inefficient.
  • His leadership style is like a leaky bucket, constantly spilling potential and being inefficient.

noun lack of efficiency or effectiveness; incompetence

  • The inefficiency of the current system has led to a decrease in productivity.
  • The inefficiency of this process is really slowing us down.
  • Man, the inefficiency of this whole setup is killing me.
  • The inefficiency in communication is like a roadblock to progress.

noun the act of reducing to the smallest possible amount or degree

verb to reduce to the smallest possible amount or degree

  • One way to minimize the risk of financial loss is by diversifying your investment portfolio.
  • If you want to save money, you should try to minimize your expenses.
  • I need to cut back on shopping to minimize my spending.
  • She tried to minimize the impact of her words, but the damage was already done.

verb a word that expresses an action or a state of being

  • The company implemented cost-saving measures that minimized expenses.
  • By carpooling, we minimized our gas expenses for the road trip.
  • I totally minimized the drama by avoiding that party.
  • His quick thinking minimized the impact of the mistake on the project.

verb to arrange or plan something in a systematic way

adjective arranged in a systematic way

  • The conference was very well organized with a detailed schedule and clear instructions.
  • I like how you have organized your closet by color and type of clothing.
  • I'm so glad we organized this get-together, it's going to be lit!
  • Her thoughts were so organized, it was as if her mind was a perfectly arranged library.

adjective characterized by unnecessary repetition or superfluousness

  • The company decided to lay off employees in order to eliminate redundant positions.
  • I don't see the point of having two coffee machines in the break room, it seems redundant.
  • Why do you keep saying the same thing over and over again? It's getting redundant.
  • Her constant need for validation from others became redundant as she learned to love herself.

noun the quality or state of being slow; lack of speed or quickness

  • The slowness of the internet connection is affecting our ability to work efficiently.
  • I can't stand the slowness of this computer, it's driving me crazy.
  • The slowness of this traffic is a real buzzkill.
  • The slowness of progress on this project is like watching paint dry.

noun the rate at which someone or something moves or operates

verb to increase the rate at which someone or something moves or operates

  • In order to meet the deadline, we need to find a way to speed up the production process.
  • Hey, can you help me speed up this task so we can finish early?
  • Let's hustle and speed up this project.
  • To achieve success, sometimes you need to speed up and take risks.

noun a process or action that makes something happen or be done more quickly

verb to increase the speed or rate of something

  • The new software update promises a significant speedup in processing time.
  • Hey, have you noticed the speedup in the system after the recent upgrade?
  • Dude, this new app is so lit, it's like a speedup for your phone!
  • Her dedication and hard work acted as a speedup in achieving her goals.

adjective describing a person or organization that is efficient and effective with minimal resources

conjunction joining word that connects words, phrases, or clauses

  • The company has implemented a new strategy to become more lean and mean in order to increase efficiency.
  • Our team is trying to be more lean and mean so we can get more work done in less time.
  • We gotta be lean and mean if we want to beat our competitors in the market.
  • His writing style is very lean and mean, with no unnecessary words or fluff.