Business Studies, asked by ishika9747, 1 year ago

why is it important for a manager to be both effective and efficient? explain.​


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Answers

Answered by kamalpanchal
1

efficiency and effectiveness is necessary to manager because through efficiency he can work within small money and throught and effectiveness he can do his work at a proper time

Answered by ssssssss77gg
1

When management uses resources efficiently, they are able to maximize production, the use of the workforce, and profits. Inefficiency leads to increased costs. ... It is very important for management to be efficient and effective. Successful businesses are the ones that are very efficient

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