Which statement best distinguishes efficiency from effectiveness in management?
Correct answer: C. Efficiency means using resources economically, while effectiveness means achieving objectives
- A. Efficiency means increasing authority, while effectiveness means reducing supervision
- B. Efficiency means achieving objectives, while effectiveness means reducing employee costs
- C. Efficiency means using resources economically, while effectiveness means achieving objectives
- D. Efficiency means planning activities, while effectiveness means assigning duties
Explanation
Efficiency concerns the economical use of resources such as time, money and labour. Effectiveness concerns whether the organisation achieves its intended objectives, even if resource use is not being compared.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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