Business Studies, asked by kumareesaraswati1234, 4 months ago

if a manager is able to achieve the largest of production of 5000 unit but ata higher cost .Is he efficient or effective ?

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Answered by adityarajhi

Answer:

Efficient utilization of resources refers to getting the things done in the right manner, in minimum time with the minimum cost incurred and with no wastage of resources. Effectiveness refers to achieving target and setting goal in right direction.

Thus, he is effective but not efficient.

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if a manager is able to achieve the largest of production of 5000 unit but ata higher cost .Is he efficient or effective ?​

Answers

if a manager is able to achieve the largest of production of 5000 unit but ata higher cost .Is he efficient or effective ?