Clarify the terms efficiency and effectiveness in management.

Solution

Clarify the terms efficiency and effectiveness in management.Efficiency refers to do the job in a cost effective manner. Effectiveness refers to complete the jobon time, no matter whatever is the cost.

Some More Questions From Nature and Significance of Management Chapter

Explain, in brief, ‘management’ as a process.

How is Management a 'Goal Oriented Process'?

For Daily Free Study Material Join wiredfaculty

Nature And Significance Of Management

Clarify the terms efficiency and effectiveness in management.

Some More Questions From Nature and Significance of Management Chapter

Explain, in brief, ‘management’ as a process.

How is Management a 'Goal Oriented Process'?

Management is not visible, it can only be felt. Explain.

How is management a Continuous Process?

Explain, in brief, management as a 'Dynamic Function'.

Explain 'Management of people' as a dimension of management.

Explain in brief, 'management' as a group of people having managerial responsibilityfor an enterprise.

State any two characteristics of management.

What is meant by Management?

What does a manager aspire while doing work?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Phone Number

Email Address

Loaction