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Gaurav Seth 5 years, 6 months ago
Basis of Difference |
Standing Plans |
Single-use Plans |
1. Period <pre> </pre> |
These plans are formulated for a long period. <pre> </pre> |
These plans are for a short period and |
2. Object |
These plans are formulated to bring about |
These plans are designed to run suc- |
3. Types |
They are of six types: (i) Objectives, |
They are of two types: |
4. Scope |
They guide the managers in particular matters |
These plans guide in matters of daily |
5. Basis |
They are based on the main objectives of the |
They are based on the standing plans |
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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 |
It is not process and time oriented | It is process and time oriented |
It looks at whether the something is done or not | It looks at how the activity is done |
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