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Different between efficiency and effectiveness ? …

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Different between efficiency and effectiveness ? (6marks)

Posted by Ashu Pal 6 years, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 6 years, 7 months ago

1. Efficiency means doing the things right whereas Effectiveness is about doing the right things.
2. Efficiency focuses on the process or ‘means’ whereas Effectiveness focuses on the end.
3. Efficiency is restricted to the present state whereas effectiveness involves thinking long term.
4. Organizations have to be both effective and efficient in order to be successful.

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