If a manger is able to achieve the target of production of 2000units but a higher cost it is effective or efficient or both or none of these
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Explanation:
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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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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