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What is more important efficiency or effectiveness?
effectiveness
What is difference between effectiveness and efficiency and why?
effectiveness refers to the ability to produce the desired results. efficiency refers to the correctness of the produced result ex; effectiveness is like making an engine of high performance and efficiency is like the extent to which it works and reach the goal of the manufacture
How can the term business efficiency be explained?
In business efficiency is achieving the goal with least amount of resource consumption. Productivity and effectiveness are calculated by using an efficiency comparison.
What ratio sHows an organization's effectiveness in minimizing production costs?
efficiency ratio
Effectiveness of efficiency of insurance operation?
Bhosdi walo niam me admission loge to aisa hi hoga
What is more important efficiency or effectiveness?
effectiveness
What is the Meaning of management efficiency and effectiveness?
Between efficiency and effectiveness which one is more important for performance
What is most important for the organization efficiency or effectiveness?
effectiveness
How mergers and acquisition has played a vital role in en-chancing the efficiency and effectiveness of the organisation?
enhancing the efficiency and effectiveness of the organization
Are efficiency and effectiveness the same when it comes to achieving goals?
Efficiency and effectiveness are not the same when it comes to achieving goals. Efficiency refers to how well resources are used to achieve a goal, while effectiveness refers to the extent to which a goal is achieved. In other words, efficiency is about doing things right, while effectiveness is about doing the right things.
What role do you think organisational structure plays in an organizational efficiency and effectiveness?
What role do you think organizational structure plays in an organization's efficiency and effectiveness? Explain.
What is difference between effectiveness and efficiency and why?
effectiveness refers to the ability to produce the desired results. efficiency refers to the correctness of the produced result ex; effectiveness is like making an engine of high performance and efficiency is like the extent to which it works and reach the goal of the manufacture
Effectiveness and efficiency in this order can be measured by?
Effectiveness can be measured by how well goals and objectives are achieved, while efficiency can be measured by the resources required to achieve those goals. Key performance indicators, metrics, and data analysis can be used to measure both effectiveness and efficiency in various aspects of business operations. Regular evaluations and feedback loops can help identify areas for improvement in both effectiveness and efficiency.
What is adjective of efficiency?
adeptness, effectiveness, capability, productiveness.
What can Effectiveness and efficiency in accounting can be measured by?
The effectiveness and efficiency in accounting can be measured by several things. These things include how their money is spent, how they stay within budget, and how the books are balanced.
Effectiveness and efficiency measure by what?
Effectiveness measures if the desired outcome is achieved, while efficiency measures how well resources are used to achieve that outcome. Effectiveness focuses on doing the right things, while efficiency focuses on doing things right. Both are important for assessing the overall performance of an organization or process.
Can an organization succeed in both efficiency and effectiveness simultaneously?
yes
