This topic contains a solution. Click here to go to the answer

Author Question: Compare effectiveness and efficiency. What will be an ideal ... (Read 52 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
Compare effectiveness and efficiency.
 
  What will be an ideal response?

Question 2

Moses followed the technique of managing by exception.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

Effectiveness is the degree to which the organization accomplishes what it sets out to do; whereas, efficiency means achieving the economic performance necessary for the organization's survival. The focus of effectiveness is to reach outcomes that are aligned with an organization's goal or agreed-upon standardin other words, to do the right thing. It is the manager's responsibility to monitor whether the part of the organization he or she oversees is being effective and, if not, to make changes. Rooted in values, effectiveness is sometimes difficult to measure in quantitative terms. Effectiveness will be defined in different ways by different people in the same organization.
The key element of efficiency is comparing the level of work output with the resources provided for doing the work. We might first think of efficiency as applying to just an individual, a work unit, or a company. But efficiency can also affect an entire market. Rooted in economics, efficiency is about using the fewest amount of resources (inputs) to achieve the greatest amount of output during a specific period of timein other words, doing things right in terms of economic outcomes. We can think of efficiency in terms of improving practical usefulness.

Answer to Question 2

TRUE




Mimi

  • Member
  • Posts: 542
Reply 2 on: Jul 6, 2018
Excellent


Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library