Yes, organizations can be efficient, but ineffective. Efficient means that they have little waste. Effective means that they are good at what they do.
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Cost accounting contributes to effective and efficient management of costs by providing detailed insights into the costs associated with production and operations. It enables businesses to identify, analyze, and control expenditures, allowing for informed decision-making regarding budgeting, pricing, and resource allocation. By tracking variances between actual and budgeted costs, organizations can pinpoint inefficiencies and implement corrective actions. Ultimately, this leads to improved profitability and operational performance.
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Revenue administration refers to the processes and systems that governments and organizations use to collect, manage, and allocate public funds through taxation and other revenue sources. It involves the implementation of tax policies, compliance enforcement, and the administration of financial regulations to ensure efficient and effective collection of revenues. Effective revenue administration is crucial for funding public services and infrastructure, promoting economic stability, and ensuring fairness in the tax system.
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Though there is no retail yet, the leaks prove that this Mega blaster will be very effective, efficient, and powerful.
When departments within an organization don't work together the business becomes less effective and efficient. Communication between departments helps organizations become efficient.
I will choose both because effectivness and efficiency are important to the organization . I will choose the both because efficiency and effectivness are important to the organization.
More efficient and most efficient are the comparative and superlative forms of "efficient".
Yes there is, the ISO 38500 or IEC 38500 standard is applicable to organizations from all sizes, including public and private companies, government entities, and not-for-profit organizations. It is to provide guiding principles for the organization directors for an effective, efficient and acceptable use of Information Technology or IT within their organizations.
computer maintenance is essential for effective and efficient management in an organization computer maintenance is essential for effective and efficient management in an organization computer maintenance is essential for effective and efficient management in an organization
why enterprise risk management is a more effective approach for today's organizations.
To be efficient means to be quick and effective at a job or task.
Effective means "able to get a task completed." Effective means "able to complete a task using the least possible amount of resources." Effective: How well you did. Efficient: Is the best way to do it.
How does cost accounting contribute to the effective and efficient management of and industrial establishment