What term describes a measure of input that indicates how well resources were used to complete an objective?

The term that describes a measure of input indicating how well resources were used to complete an objective is performance efficiency. Performance efficiency focuses on the relationship between the resources consumed and the output generated. It assesses how effectively an organization uses its resources, such as time, money, and labor, to create value or achieve specific goals.

In this context, performance efficiency helps organizations identify opportunities for improvement by measuring how much input is necessary to achieve desired outputs. High efficiency means that the organization is obtaining more output from the same amount of input, which is a valuable trait in management as it contributes to greater profitability and competitiveness.

In contrast, performance effectiveness refers to the extent to which an organization achieves its objectives, but does not necessarily take into account the resources used. While resource allocation pertains to how resources are distributed across various projects or departments, and strategic planning involves setting long-term goals and deciding how to allocate resources to achieve them, neither of these terms specifically measures the effectiveness of resource usage in relation to the completed output.