Describe the difference between efficiency and effectiveness and identify real organizations you think are, or are not, efficient and/or effective?
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Describe the difference between efficiency and effectiveness and identify real organizations you think are, or are not, efficient and/or effective?
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- In today’s environment, which is more important to organizations—efficiency or effectiveness? Explain your choice with a suitable example.In today’s environment, which is more important to organizations—efficiency or effectiveness? Explain your choice with a suitable example. Answer:In today’s environment, which is more important to organizations—efficiency or effectiveness?
- What are the key principles of organization that organizations can apply to optimize their structure, processes, and systems for increased efficiency, productivity, and effectiveness? How can these principles be tailored to fit the unique needs and goals of different types of organizations, such as for-profit businesses, non-profit organizations, and government agencies?Describe the Difference between efficiency and effectiveness and identify a real organization you think are or not efficient and/or effectiveAppraise the importance of the three ‘E’s’ to organizations (efficiency, effectiveness, and economy)
- How does the systems theory of management explain the complex interactions between different components within an organization, and how can this theory be applied to improve organizational efficiency and effectiveness?What is the difference between being efficient and being effective?What strategies can organizations use to improve productivity and reduce production costs?