Definition of cost-effective
WebThe definition of cost effective is something that is a good value, where the benefits and usage are worth at least what is paid for them. An example of cost effective is using … WebJan 1, 2024 · What is Cost Efficiency? Cost efficiency is the act of saving money by changing a product or process to work in a better way. This is done to improve the organization’s bottom line by decreasing procurement costs and improving efficiencies across the board.
Definition of cost-effective
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Webcost-effectiveness analysis: a type of economic evaluation used to determine the best use of money available for medical care. It compares different kinds of interventions with similar, but not identical, effects on the basis of the cost per unit achieved. Webcost-effective meaning: 1. If an activity is cost-effective, it is good value for the amount of money paid: 2. If an…. Learn more.
WebBritannica Dictionary definition of COST–EFFECTIVE [more cost–effective; most cost–effective] : producing good results without costing a lot of money They need a more cost-effective [= economical] way to store data. It's just not cost-effective for us to have two cars. — cost–effectiveness noun [noncount] Web2. of a law, rule, etc. : in use : active. The law becomes effective [=the law takes effect; the law will start to be used] next year. the effective date of the law [=the day when the law starts to be used] 3. : starting at a particular time — used to introduce a clause. Effective [= starting, as of] tomorrow, the store will be open until 8: ...
Webcost-effective definition: 1. If an activity is cost-effective, it is good value for the amount of money paid: 2. If an…. Learn more. WebApr 7, 2024 · A functional—or role-based—structure is one of the most common organizational structures. This structure has centralized leadership and the vertical, hierarchical structure has clearly defined ...
Webcost-effective adjective cost-ef· fec· tive ˈkȯst-ə-ˈfek-tiv -ˌfek- : producing good results without costing a lot of money cost-effective measures to combat poverty Robot spot welding can be quite cost-effective … Harry H. Poole …
WebApr 9, 2024 · Cost-effective treatment definition: Something that is cost-effective saves or makes a lot of money in comparison with the... Meaning, pronunciation, translations and examples plays in arlington txWebnoun The definition of cost-effectiveness is having acceptable results for the amount of money spent. When someone proposes a new way of doing business and you conduct an investigation to see if the new way will save you money or require a larger expense, this is an example of a time when you research the cost-effectiveness of the idea. plays in atlanta tonightWebCost-effectiveness analysis ( CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness … prime vacations - bradenton beach flWebFind 106 ways to say COST EFFECTIVE, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus. primeval armor gw1 herosWebApr 9, 2024 · cost-effective. adjective. Something that is cost-effective saves or makes a lot of money in comparison with the costs involved. The bank must be run in a cost … primeval and other times reviewWebSee definition of cost-effective on Dictionary.com adj. economical synonyms for cost-effective Compare Synonyms practical profitable worthwhile On this page you'll find 10 synonyms, antonyms, and words related to cost-effective, such as: practical, profitable, and worthwhile. antonyms for cost-effective MOST RELEVANT worthless prime. ut steakhouseWebJun 1, 2024 · An AR-15 is a semi-automatic or self-loading rifle that has been called "America's rifle" by the NRA with well over 15 million sold by 2024. " Semi-automatic ," as opposed to "automatic," means ... playsinaton pac-man world game