Practicing Success
Manager of ABC Ltd achieved the target production but at a higher production cost. In this case manager is |
Effective and efficient Efficient but not effective Effective but not efficient None of the above |
Effective but not efficient |
Efficient utilization of resources refers to getting the things done in the right manner, in minimum time with the minimum cost incurred and with no wastage of resources. Effectiveness refers to achieving target and setting goal in right direction. Thus, he is effective but not efficient. |