Management, Efficiency, and Effectiveness Quiz

The people, financial capital, technology, and time used in achieving the organization's objectives

The process of assessing future business conditions and anticipating actions the business should take to reach its objectives

The degree to which the company's goals are being attained

The ratio of benefits to costs as resources are used and depleted to produce goods and services (correct)

Focusing on specific actions to implement long-range strategies

Integrating and combining human, capital, and technological resources to achieve organizational objectives (correct)

Assessing future business conditions and anticipating actions the business should take to reach its objectives

Setting organizational objectives, determining overall business strategy, and allocating resources to achieve goals

Targets or desired levels of achievement (correct)

The process of assessing future business conditions and anticipating actions the business should take to reach its objectives

The degree to which the company's goals are being attained

The people, financial capital, technology, and time used in achieving the organization's objectives

<p>Tactical planning</p> Signup and view all the answers

<p>Ideas originate from employees and move upward</p> Signup and view all the answers