Efficiency and Effectiveness in Management Quiz

LogicalRationality avatar

Start Quiz

Study Flashcards

3 Questions

What is the main focus of efficiency?

Completing the task at minimum cost

How are efficiency and effectiveness related?

They are interrelated

What does effectiveness primarily concern?

Completing the task on time

Study Notes

Efficiency and Effectiveness

  • The main focus of efficiency is on the minimization of waste and the optimization of resources to achieve a given output or goal.
  • Efficiency is related to effectiveness in that they are both measures of performance, but they have different areas of focus: efficiency is about achieving more with less, while effectiveness is about achieving the desired outcome.
  • Effectiveness primarily concerns realizing the desired outcome or goal, and it is often measured in terms of achieving a specific objective or target.

Test your understanding of efficiency and effectiveness in management with this quiz. Explore the interrelated concepts and their significance in achieving optimal performance and results.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...