Question

What are the advantages and disadvantages of the resource-based approach versus the goal approach for measuring organizational effectiveness?

Answer 1

Answer:

Advantages of Subject-centered approach:

1. It helps to focus on target which makes easy to achieve goal.

2. Normally works in government agency or NGO or any low firm.

Limitations of Subject-centered approach:

1. Does not focus what customers are searching.

2. Difficult to survive when market is volatile.

Advantages of Competency-based approach:

1. Constantly get an attention on how competitor is doing.

2. Helps to gain more customer when you are one step ahead from your competitor.

Limitations of Competency-based approach:

1. Always afraid of competitor's strategy.

2. Risk is more when competitor is following us.

Explanation: