Assignment 1: Effective Versus Efficient: Four Scenarios ..

New Company has budget of recruitment and establishment. There are certain figure of contracts that must be achieved. The four scenarios are as follows:

1-The Company exceeded the budget of establishment by hiring new staff, bringing office furniture, official documents and other requirements and on the other hand, the number of contracts have been achieved.

2- The Company succeeded in hiring appropriate staff with moderate cost and in addition, the cost of expenses for the other requirement of establishment were within budget and on the other hand the number of contracts are achieved.

3- The company exceeded the budget, as they hire staff not professional and with high cost and in addition, they paid high on other factors such as office furniture and other arrangements, and on the same hand, the expected number of contracts are not achieved.

4-The Company closed on the phase of establishment due to conflict with partners. They did not consume the budget and the contracts are not achieved.