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Difference between effectiveness and efficiency ?

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Difference between effectiveness and efficiency ?

Posted by Anubhav Singh 4 years, 4 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 4 years, 4 months ago

<th>BASIS FOR COMPARISON</th> <th>EFFICIENCY</th> <th>EFFECTIVENESS</th>

Meaning	The virtue of being efficient is known as efficiency.	The magnitude of nearness of the actual result with the intended result, is known as effectiveness.
What is it?	Work is to be done in a correct manner.	Doing accurate work.
Emphasis on	Inputs and Outputs	Means and Ends
Time Horizon	Short Run	Long Run
Approach	Introverted	Extroverted
Ascertainment	Strategy Implementation	Strategy Formulation
Orientation	Operations	Strategies

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