Business Studies, asked by aditi346454, 9 months ago

difference between effectiveness and efficiency??(any 3 points)

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Answers

Answered by tanishmajumdar2912
1

Answer:

  1. The difference between efficiency and effectiveness is that efficiency refers to doing things right, while effectiveness refers to doing the right thing. Efficiency focuses on the means, while effectiveness focuses on the end result.
  2. Moreover, efficiency is short term i.e. current state, while effectiveness is long term.
  3. While efficiency refers to how well something is done, effectiveness refers to how useful something is. For example, a car is a very effective form of transportation, able to move people across long distances, to specific places, but a car may not trasport people efficiently because of how it uses fuel.

Answered by ayeshawaseemtahir
2

Answer:

effectiveness: refers to the capability of the management to achieve the desired targets in the specified time. It is concerned with doing what is right or what should be done. On the other hand, efficiency refers to doing the task correctly, timely and at minimum possible cost

efficiency: Efficiency signifies a level of performance that describes a process that uses the lowest amount of inputs to create the greatest amount of outputs. Efficiency relates to the use of all inputs in producing any given output, including personal time and energy.

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