Difference between efficiency and effectiveness in management with examples
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Effective – Adequate to accomplish a purpose; producing the intended or expected result.
Efficient – Performing or functioning in the best possible manner with the least waste of time and effort.
The difference between effectiveness and efficiency can be summed up shortly, sweetly and succinctly – Being effective is about doing the right things, while being efficient is about doing things right.
Efficient – Performing or functioning in the best possible manner with the least waste of time and effort.
The difference between effectiveness and efficiency can be summed up shortly, sweetly and succinctly – Being effective is about doing the right things, while being efficient is about doing things right.
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