Mr. Subhash, chander and boss are the production manager of three different
manufacturing firms. They follow different strategies to manage production. Subhash is
able to achieve the target production of 5000 Units within the prescribed period. However
to achieve the target on time, additional 40000 paid as overtime wages to employees,
Chander’s main consideration is cost cutting. Subhash Concentrates more on producing
goods with fewer resources. He is unable to achieve target production. Boss uses
minimum resources to achieve target production and is also able to produce goods at lower
cost. In the above case two important aspects of Management have been highlighted which
were like two sides of same coin identify those two aspects.
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Answered by
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Answer:
1.Effectiveness
2.Efficiency
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