What is the difference between being efficient and being effective?
Question:
What is the difference between being efficient and being effective?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Efficiency and effectiveness are two concepts that while related have distinct meanings in various c...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Management A Practical Introduction
ISBN: 9781260735161
10th Edition
Authors: Angelo Kinicki, Denise Breaux Soignet
Question Posted:
Students also viewed these Business questions
-
What is the difference between being in a key position and being in a position to influence an engagement?
-
What is the difference between being aware of cultural differences and being prejudiced ?
-
What is the difference between being in a good mood and having the characteristic of positive affectivity?
-
A chemical processing plant has a network of pipes that are used to transfer liquid chemical products from one part of the plant to another. The following pipe network has pipe flow capacities in...
-
What accelerating voltage would be required for the electrons of an electron microscope if the microscope is to have the same resolving power as could be obtained using 100 keV gamma rays?
-
A satellite 575 km above the earth's surface transmits sinusoidal electromagnetic waves of frequency 92.4 MHz uniformly in all directions, with a power of 25.0 kW. (a) What is the intensity of these...
-
According to the Congressional Research Service, 2,191,011 people are employed by the federal government in the United States. Suppose that a random sample of 3,500 of these federal employees was...
-
At the beginning of last year, Creative Productions set variable overhead standards of 5 machine hours at a rate of $15 per hour for each product produced. During the year, 4,800 machine hours were...
-
1. Write a program in python to get the number of rows using GUI. If the user entered less than 4 rows, display the message not to enter less than 4 rows and allow the user to enter again. For...
-
What is the formal, three-part definition of management?
-
If a company paid $900 in cash dividends this period, the entry to close the Dividends account is: a. Dividends. ................... 900 b. Retained Earnings .........900 c. Retained Earnings...
-
Identify whether an analytic production system or a synthetic production system applies to each of the following products: a. Logging b. Medical care c. Cotton farming d. Fishing e. Construction
-
Off-balance sheet finance is one example of information which would never come to the attention of the users of financial statements but for the concern of some auditors. Make a list of other types...
-
Advantages of relational data models generally include a. reduced information redundancy. b. low cost. c. ease of implementation. d. efficiency.
-
Upon signing a lease agreement, Miss Olivia received a one-time payment of $3,000. One year later because the oil company had not yet drilled a well, Miss Olivia received a payment of $200. During...
-
The following costs incurred by the exploration department of Matrix Energy Corporation during 2018. REQUIRED: Give the entries to record these transactions. Shooting rights.... Bottom-hole...
-
Williams Oil Company purchased seismic equipment costing $100,000 on January 1, 2018. The equipment was used in G&G operations for the calendar year 2018. The equipment has an estimated life of 10...
-
A U.S. citizen was working at a multinational company's Zaire facility. The employer was incorporated in the state of Louisiana. When the employee was terminated, allegedly because of his age, he...
-
Complete problem P10-21 using ASPE. Data from P10-21 Original cost ................................................................. $7,000,000 Accumulated depreciation...
-
Evaluate the texts statement, A marketing strategy sets the details of implement a tion.
-
Distinguish between strategy decisions and operational decisions, illustrating for a local retailer.
-
In your own words, explain what customer equity means and why it is important.
-
Suppose that P dollars in principal is invested for f years at the given interest rates with continuous compounding. Determine the amount that the investment is worth at the end of the given time...
-
A two-year coupon bond with 6% annual coupon payments has a face value of $100 and a yield to maturity of 4%. (a) Calculate the bond's price. (b) Calculate the modified duration and convexity of this...
-
The table below shows the current coupon yields to maturity and spot rates of interest for six U.S. Treasury securities. Assume all securities pay interest annually. YIELDS TO MATURITY AND SPOT RATES...
Study smarter with the SolutionInn App