No products in the cart.

Difference between effectiveness and efficiency

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Difference between effectiveness and efficiency

Posted by Abhi Sharma 6 years, 10 months ago

CBSE > Class 12 > Business Studies

2 answers

Yogita Ingle 6 years, 10 months ago

Effectiveness	Efficiency
Effectiveness is about accomplishing a task or producing a desired result	Efficiency is about performing a task in a best possible manner
It focuses on achieving the objective	It focuses on maximum result with least time and effort
Being effective means doing the right things	Being efficient means doing things in right manner
Effectiveness focuses on producing the result	Efficiency focuses on completing task using minimum time, effort and resources
Higher quality result can be expected from an effective person	Quick and intelligent work can be expected from an efficient person
Effectiveness is primarily concerned about results, not use of resources	Efficiency is primarily concerned on the use of time, energy and resources, not necessarily the results

Shagun Vishwakarma 6 years, 10 months ago

Effectiveness means doing the task on time Efficiency means doing the job with the optimum utilisation of resources.

ANSWER

https://examin8.com

Test

Related Questions

Mohan always

Posted by Hitarth પટેલ 1 year, 8 months ago

CBSE > Class 12 > Business Studies

0 answers

Report on visit in LIC office

Posted by Jatin Pokhariya 1 year, 7 months ago

CBSE > Class 12 > Business Studies

0 answers

2. Hero Ltd.’s target is to produce 10,000 shirts per month at a cost of ₹ 150 per shirt. The Production Manager was able to produce 10,000 shirts at a cost of ₹ 140 per shirt but not within the stipulated time. As a result, there was loss of revenue. In this case the Production Manager is: a. effective but not efficient b. efficient but not effective c. Neither effective nor efficient d. All of these

Posted by Saku Shar 1 year, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Although internal recruitment many benefits still business refers external recruitment why?give 3 reasons

Posted by Shreya Mishra 1 year, 7 months ago

CBSE > Class 12 > Business Studies

2 answers

Identify the marketing management philosophy adopted in the following cases: Chanda, a note-book manufacturer for students, decided to maximize her profit by producing and distributing at large scale and thereby reducing the average cost of production. Indira, a dealer of refrigerators decided to maximize her profits by using different promotional efforts in an aggressive way. Shikha surveyed the market and found that customers need lemon based cold drinks in summers. She decided to produce lemon-masala cold drinks in the market.

Posted by Deexita Swarnkar 1 year, 7 months ago

CBSE > Class 12 > Business Studies

0 answers

Relo Ltd. is laptop manufacturing company. The company decides to enter into refrigerator manufacturing industry. The compathahasa committed top management. It knows that there are various challenges in the market where its decisions regarding the new industry might fail Still the top management doesn't want to waste a lot of resources on its plans. It knows that sometimes plans take more time in making than getting implemented. However, the company wants to proceed with a positive approach. It has decided to study all the aspects of its competitors, to set all its objectives and to allocate the required resources. The company did well in its previous business. At that time, they took planning very seriously as they knew everything the company would do had to be based on concrete plans. The company will start its operations from next month. Q. (i) Identify and explain the function of management that has been discussed in the above case? (ii) Identify and explain the limitations of the function identified in above (i)

Posted by Deexita Swarnkar 1 year, 6 months ago

CBSE > Class 12 > Business Studies

0 answers

The top officials of a country’s Government held a meeting in order to speed up the business growth. In the meeting it was decided that there was a need for granting several exemptions to the Business Units already established. Similiarly ,they felt that with a view to setting up new Business Units the young men needed to be encouraged. Also it was emphasized in the meeting that the entry of Multinational companies needed to be simplified. Besides, priority was given to relaxing restrictions imposed on Import Business. The main reason for the Government to think like this was to speed up the economic growth. Identify the likely impact of the Government’s policy on business described in the paragraph given above.

Posted by Gautam Singhal 1 year, 7 months ago

CBSE > Class 12 > Business Studies

0 answers

In an atom to cope with Reliance use on laugh in 2018 market leader Bharti Airtel has refresh its 149 prepaid plan to officer 2GB of CG and 4G data for day twice the amount is offered earlier name the type of highlighted in the given example state its three dimension also

Posted by Rashi Kadam 1 year, 8 months ago

CBSE > Class 12 > Business Studies

0 answers

Sacred Heart School organised an inter school commerce fest

Posted by Tahura Zamani 1 year, 8 months ago

CBSE > Class 12 > Business Studies

0 answers

Henri fayol ke principles workplace par Kitne apply ho rahi hai ya Nahi Hai

Posted by Anshika Aggarwal 1 year, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App