Question:medium
_______ means doing the task correctly and with minimum cost.
_______ means doing the task correctly and with minimum cost.
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Efficiency questions always test resource optimization. Effectiveness questions focus on goal achievement.
Updated On: Jan 13, 2026
- Efficiency
- Effectiveness
- Management
- Coordination
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The Correct Option is A
Solution and Explanation
Efficiency signifies optimal resource allocation, demonstrated by:
1. Core Elements: - Output relative to input - Pacing - Expense reduction
2. Illustrations: - Production line output - Streamlined production - Six Sigma methodologies
3. Distinction from Effectiveness: - Efficiency: "Executing tasks correctly" - Effectiveness: "Selecting appropriate tasks" Commercial Consequence: - A 1% enhancement in efficiency can elevate manufacturing profits by 10-15%
Conclusion: (A) Efficiency
1. Core Elements: - Output relative to input - Pacing - Expense reduction
2. Illustrations: - Production line output - Streamlined production - Six Sigma methodologies
3. Distinction from Effectiveness: - Efficiency: "Executing tasks correctly" - Effectiveness: "Selecting appropriate tasks" Commercial Consequence: - A 1% enhancement in efficiency can elevate manufacturing profits by 10-15%
Conclusion: (A) Efficiency
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