Question

- efficiency is associated with- effectiveness which is t the aim of all managers​

Answer 1

Answer:

Strategic management lays out goals and objectives for pursuing a company's mission. Your small business, from Day One, has had a strategic manager--you. If you have added managers since then, they are most likely involved in finding strategies to help your business succeed. One of those strategies may involve becoming more efficient. As the owner, you must weigh the balance between management actions that are efficient and those that are effective for your small business.