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In todays environment what is more important to organization efficiency or effectiveness?
Wiki User
∙ 11y ago
both are most important for an organization
Wiki User
∙ 11y ago
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Why hr is called the most important asset and compititive advantage of any organization in the world?
HR is called the most important asset because the organization run by the human being and human resource are the image of any organization. If the employees are well trained and skilled then they do work for the organization and show well performance and by which the organization earn profit as well as build good image in the competitive environment. The employees struggled to get competitive advantage by get profit against the competitor.
In your previous experience describe how you influenced senior management in an important decision for the organization?
In your previous experience, describe how you influenced senior management in an important decision for the organization.
What are the primary internal and external organization considerations for the development of a strategic plan?
The primary external organization considerations for the development of a strategic plan are the remote environment, industry environment, and the operating environment. The operating environment includes the firm's competitors, suppliers, laborers, and anything related to the operation of their company. Industry enivornment includes entry barriers, competitive rivalry, and buyer and supplier power. Remote environment include political, economic, social, technoligcal, and ecological factors. I think the most important consideration is remote environment because it sets the stage for how the company is going to run and what the economy and given nation is in need of. They're strategic plan will be built around different opportunities, threats, and constraints based on the remote environment. Courtesy of UOP student post
Why database is important?
Database is important in any type of organization for various reasons. This is what will store information and keep track of activities that relate to the organization among others.
Important of financial accounting in an organization?
Financial accounting is very important in an organization. It helps track and account incoming and outgoing funds and balance the books on a daily, weekly or monthly basis.
What is most important for the organization efficiency or effectiveness?
effectiveness
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
In today environment which is more important to organization efficiency or effectiveness?
Both are integral to effective management. Management refers to the process of coordinating and integrating work activities so that they're completed efficiently and effectively with and through other people. Efficiency is getting the most output from the least amount of inputs, the goal of which is to minimize resource costs . Effectiveness is completing activities so that organizational goals are attained; often described as "doing the right things"
In managing time what is ultimately more important than efficiency?
effectiveness
Why efficiency and effectiveness is important to management?
being efficient means having internal and external processes that lead to the desired end result. Efficiency refers to having the means to produce the desired effects.
Is efficiency or effectiveness more important to organizational performance Can managersimprove both simultaneously?
playwrights
What is difference between efficiency and effectiveness?
Efficiency is all about saving time, money or effort. Effectiveness is all about getting the job done.Improved:Efficiency is doing things right, and effectivenessis doing the right things. Efficiency is a measure of speed and cost. For example: Efficiency says "Getting someone in here right away is more important than getting the right person later." Effectiveness is a measure of quality. Effectiveness says the opposite: "Hiring the right person is more important than hiring someone right away."
Why is effectiveness better than efficiency?
Effectiveness is important because no matter how efficient your method/theory/work is, if its not working fine and has no significant impact than its useless.
Why is Compliance Management Important for Your Organization?
Compliance management is important for your organization because it helps ensure that your organization is adhering to laws, regulations, ethical standards, and other requirements. By having a compliance management system in place, you can help your organization avoid costly fines, penalties, and other negative consequences that could result from non-compliance. Additionally, compliance management can help improve your organization's overall efficiency and effectiveness, as well as its reputation.
Which environment is not an important dimension of a business organization's external environment?
the corporate cultural environment
What do you mean by cultural environment?
in the organization important of the culture
