Distinguish between efficiency and effectiveness.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Effectiveness relates to whether the organization is accomplishing it...View the full answer
Answered By
Grace Igiamoh-Livingwater
I am a qualified statistics lecturer and researcher with an excellent interpersonal writing and communication skills. I have seven years tutoring and lecturing experience in statistics. I am an expert in the use of computer software tools and statistical packages like Microsoft Office Word, Advanced Excel, SQL, Power Point, SPSS, STATA and Epi-Info.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Question Posted:
Students also viewed these Finance questions
-
Distinguish between efficiency and effectiveness in operational audits. State one example of an operational audit explaining efficiency and another explaining effectiveness.
-
Distinguish between efficiency and effectiveness in operational audits. State one example of an operational audit examining efficiency and another examining effectiveness.
-
Distinguish between effectiveness and efficiency in regard to organisational performance.
-
A random variable follows the continuous uniform distribution between 60 and 95. a. Calculate the following probabilities for the distribution: 1. P(x > 63) 2. P(x > 70) 3. P(x > 88) 4. P(x = 75) b....
-
A design of experiment was conducted on the process described in problem 8-17. Some process improvements were made and the following data were collected. c. What is your estimate of the process...
-
Following are the amounts of the assets and liabilities of New World Travel Agency at December 31, 2012, the end of the current year, and its revenue and expenses for the year. The capital of Kris...
-
Define distributed information system architecture and provide an example.
-
For the coming year, Loudermilk Inc. anticipates fixed costs of $ 600,000, a unit variable cost of $ 75, and a unit selling price of $ 125. The maximum sales within the relevant range are $...
-
Seidner Company had the following account balances at the end of the first year of operations: Revenues $102,000 Salaries Expense $18,000 Dividends $13,000 Utilities Expense $12,000 Advertising...
-
The temperatures (in degrees Fahrenheit) in Indianapolis, Indiana, at various times of day and night on June 1, 2014, are described by the histogram in Fig. 33. The temperatures are rounded to the...
-
Why are variances calculated?
-
Why is it that variances are not analyzed by the finance department of the organization?
-
1. What effect is telecommuting likely to have on (a) trade union membership; (b) trade union power? 2. How are the developments referred to in this case study likely to affect relative house prices...
-
How many years will it take for your money to tripple if you deposit $1000 in a bank account that pays 12% a year, compounded semi-annually? Your Answer: Answer
-
(d) Describe (with the help of a diagram) the nature of the Nash bargaining solution (NBS), where both Sarah and Josh influence the outcome.
-
Identify the businesses in your community that you expect to have sales that exhibit a seasonal component. Discuss.
-
a ) Define myths and stereotypes b ) Explain why it is important to understand their impact on service delivery.
-
Company XYZ has a bond with par value of $1,000 that will mature in 20 years. The bond pays coupon rate of 5.50% with semi-annual payments. Assuming that the YTM on this bond will remain constant @...
-
In Exercises 510, estimate the limit numerically to two decimal places or state that the limit does not exist. x-4 lim x2x - 4
-
Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?
-
An analyst engaged in the tourism industry obtained detailed information on 76 travel packages offered by a Viennese travel agency. The file Travel contains the following variables: - Price (price of...
-
Explain how earnings per share, dividends per share, and book value per share are calculated, and what they mean. Why does the market price per share not equal the book value per share?
-
Explain briefly the tax treatment of (1) interest and dividends paid, (2) interest earned and dividends received, (3) capital gains, and (4) tax loss carry-back and carry-forward. How might each of...
-
Financial ratio analysis is conducted by three main groups of analysts: credit analysts, stock analysts, and managers. What is the primary emphasis of each group, and how would that emphasis affect...
-
Pharoah Enterprises purchased a delivery truck on January 1 , 2 0 2 5 , at a cost of $ 2 6 , 0 0 0 . The truck has a useful life of 7 years with an estimated salvage value of $ 5 , 9 1 0 . The...
-
Consider the following recurrence relation: A(1)=1, A(n) = 2A(n-1)+2"-1 Use the method of unraveling to find a closed form for A(n).
-
Given the following formula: Monthly Pay= [rate + rate / ([1+rate] ^(months) -1) X principle Where rate of 6% means 6/1200 and Months means number of years x 12 Possible data to test: Principle 12200...
Study smarter with the SolutionInn App