Attempts

$0\mathrm{.}7$

Average $\frac{0\mathrm{.}7}{1^{-}}$

$3.$ Efficiency versus Effectiveness

An organization is a structured group of people who are all trying to achieve the same goal. Each person in the organization is responsible for completing certain subtasks that contribute to the overall goals of the organization. When an organization achieves its goals, we say that it has high performance.

High performance depends on the organization's efficiency and effectiveness. Efficiency refers to the amount of resources needed to meet a goal. For example, an organization that takes one week to hire a new employee is more efficient than an organization that takes eight weeks to hire a similar employee.

Effectiveness is about achieving goals. An organization is considered to be effective if it matches the performance goals it sets for itself. For example, suppose an organization set the goal of reducing it's costs by $15$ percent in the upcoming year. If it reduces it's costs by $18$ percent, it will be effective, but if costs are only reduced by $10$ percent, it will not be considered effective.

Organizations can be effective, but not efficient, and efficient, but not effective. When considering an organization's performance, it is imperative to look at both efficiency and effectiveness.

An organization's performance must take into account which of the following factors? Check all that apply.

Effectiveness

Number of managers

Efficiency

Number of employees

Suppose that one organization is able to create slime for children at a cost of $$2$ pergallon. A second organization cieates the exact same product, but it costs $$3$ per qallon. The first organization is more