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Business Management Comprehensive Quiz
Business Management Comprehensive Quiz
Quiz
Question 1
Question 2
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Question 62
Restart
What is the primary difference between 'effectiveness' and 'efficiency' in management?
A.
A) Effectiveness measures goal achievement, while efficiency focuses on producing goods/services at the least cost.
B.
D) Effectiveness is about long-term vision, while efficiency is about short-term profits.
C.
B) Effectiveness focuses on cost reduction, while efficiency focuses on goal achievement.
D.
C) Effectiveness relates to employee satisfaction, while efficiency relates to market share.
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