Business Studies, asked by behlsahab840, 8 hours ago

Q2. Taylor Ltd.'s target is to produce 10,000 shirts per month at a
cost of Rs. 100 per shirt. The production Manager could achieve the
target at a cost of Rs.90 per shirt. Do you think the
*Production Manager' is effective? Give one reason in support of
your answer.​

Answers

Answered by TRISHNADEVI
1

ANSWER :

 \\

Yes

  • ➻ The production manager is effective because he has achieved the target.

____________________________________________

EXPLANATION :

 \\

Taylor Ltd.'s target is to produce 10,000 shirts per month at a cost of Rs. 100 per shirt. The production Manager could achieve the target at a cost of Rs.90 per shirt.

  • ➺ In this case, the production manager is effective as he had completed this task, i.e., achieved the target of producting 10,000 shirts per month.

  • ➺ It is because, being effective basically means completing the desired task or achieving the desired goal within the stipulated time period. It is concerned with end return. As the production manager achieved his desired target of producing 10,000 shirt per month; he can be said effective.

___________________________________________________________

NOTE :

 \\

✠ There is difference between being effective and being efficient. Being effective doesn't mean being efficient and vice versa. Though, these two terms are different, they are interrelated. For management, it is important to be both effective and efficient.

  • ✎ Effectiveness means achieving the desired goal or completing the given task at stipulated time; while efficiency means doing the given task or achieving the desired goal correctly and with minimum cost.

  • ✎ For proper management, it is very essential to do work effectively and efficiently.
Similar questions