Question: a. Management is effective utilization of resources. Explain the statement. b. How will you distinguish between efficient management and effective management? Explain with an example

a. "Management is effective utilization of

a. "Management is effective utilization of resources." Explain the statement. b. How will you distinguish between efficient management and effective management? Explain with an example related to business. C. As a manager, how will you try to achieve a workable balance between efficiency and effectiveness? 7 A B I !!! III E

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