Tutorial 5 Tutorial Task 1 Explain the meaning of economy, efficiency and effectiveness for University of Buckingham. You need to include specific examples and performance indicators for each of the 3ES. Tutorial Task 2 Ayes Council is concerned about the performance of St Peter's School, one of the primary schools within its jurisdiction and, in order to substantiate this concern, the Council's Education Department has collected the following information regarding the last two years. 2018 492 20 5 22 288 2019 564 18 5 22 288 275 280 School Roll (no. of Pupils) Number of teaching staff Number of support staff Number of classes Possible teaching days in a year Actual teaching days in a year Total pupil absences (in pupil teaching days) Total teaching staff absences (in pupil teaching days) Budgeted expenditure Actual expenditure 2258 3088 123 191 2,500,000 2,300,000 2,700,000 2,980,000 The data has been sent to the council's finance department in which you work for analysis. Required a) Calculate relevant performance measures for St Peter's School for each of the last two years. b) Based on your calculations analyse the school's performance in terms of value for money and explain the possible management responses to your findings