learning curve

learning curve definition - business

learning curve

The graphical representation of the skill or knowledge gained in doing something and the time spent doing it. A learning curve illustrates that the time to complete a task is reduced as the task is repeated over and over. It also illustrates that improvements in time become successively smaller.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.