why are efficiency and effectiveness are called twin pillar of managerial success?
Answers
Answered by
1
Answer:
Efficiency is important for profitability. Effectiveness is important for growth. ... By increasing efficiency we save both time and money, thus making our businesses more profitable. Effectiveness is important for growth.
Answered by
1
Answer: The terms effectiveness and efficiency have a lot to do with a business entity. ... On the one hand on the basis of these two terms a business goes to heighten its level immensely, on the other hand it bears losses in the absence of the results being associated with effectiveness and efficiency.
Similar questions