Business Studies, asked by jainaadi530, 8 months ago

State whether the following statements are ‘True’ or ‘False’: 2. Efficiency means doing the task correctly and with maximum cost. (1) 3. Efficiency means completing activities and achieving goals.

Answers

Answered by jenniferbennis89
3

Answer:

first one is true and second is false

Answered by rahul123437
0

Efficiency

  • Efficiency means doing the task correctly and with maximum cost.:- FALSE, becauseit should be doing work or completing work with minimum cost.
  • Efficiency means completing activities and achieving goals.: FALSE, because in major perspective it is achieving the right goals, concerning with end results.

Efficiency can be defined as the ability to do any work in the most optimal method. This means work is completed with maximum out with minimum cost or minimum wastage or effort.

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