inefficiency
/ɪnɪˈfɪʃənsi/ · in.e.ffi.cen.cy
noun
- Lack of efficiency or effectiveness. The company's inefficiency in managing resources led to a significant loss in profits.
- A state of being inefficient or ineffective. The new policy aimed to address the inefficiency in the current system.
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Did you know? The term 'inefficiency' has been used in various contexts, including economics, management, and engineering, to describe a lack of productivity or effectiveness in a system or process.