Efficency Ad Effectiveness

1 Improved productivity: improving the efficiency will help the organisation to produce more products/ goods for the same overheads, whilst earning better profits

The word effectiveness means that a product has the capability of producing the desired result. Effectiveness of Parliament is based around representation, scrutiny, its accountability, legislation and its quality and protection of rights. If they were able to do these to a high standard then they would be classed as being effective.

EFFICIENCY is achieved through wise use of human and financial resources; and COMMITMENT to intellectual achievement is embraced.

Which activities at Camp Bow Wow require high efficiency? Which activities require high effectiveness? Efficiency refers to the amount of resources used to achieve the organization’s goals. Effectiveness is a broader term, meaning the degree to which an organization achieves its goals. A high performance organization is one that achieves goals to the maximum extent possible (effectiveness) while making the best use of limited resources

Efficiency: Whatever idea, thought, plan or action we do, must be efficient enough to make us reach our set goal.

As an individual we all have to have a better concept with time management, and how well we use it within our working lives. It is therefore very important that I try to keep to it within my working practise and look towards Maslow’s theory. Which focuses on the way that we understand our needs and differentiating them and setting time limits, on getting everything done. So that we do not enforce on after essential areas of your

Practical efficiency is common, and lofty idealism not un- common ; it is the combination which is necessary, and the

Effectiveness: the degree to which something is successful in producing a desired result; success. adequate to accomplish a purpose; producing the intended or expected result: (“Miriam-Webster,” 2017).

The Productive Efficiency principle is all about using educational resources well and to eliminate waste. This can generally be accomplished either by increasing educational outputs while maintaining the same level of input, or by decreasing inputs while maintaining education outputs. It can also be accomplished through competition that stimulates innovation and puts pressure on underperforming schools to do a better job.

Productive efficiency occurs when the firm produces its output at the least possible cost per unit. This requires the firm to produce at the minimum point of its long-run average cost curve. Allocative efficiency occurs when the goods that are being produced are the ones consumers most prefer. In order to achieve these efficiencies, firms are required to produce where price (which measures the consumers marginal valuation of the last unit of the product) equals marginal cost (which measures the opportunity cost of using resources to produce the last unit).

The efficiency criterion “is concerned with the relative cost” (Dolgoff, 2012, p. 77), I have the access to $40,000 and I will make it available to help the premature infant, this money will be used in order to provide the necessary medical assistance during the months that the newborn will be under an incubator and the care of doctors and nurses. The newborn, since is premature may need more health assistance even after he exits the hospital, so the same money may covered those expenses as well. On the other side, when it comes to the effectiveness criterion, this one “relates to the degree to which the desired outcome is achieved” (Dolgoff, 2012, p. 77), by providing the aid to the infant, I am helping not only him, but also his parents, and I am contributing, as well, to his growth as a human being. The child is just starting his life and in the future he may contribute to society in different ways to make the world a better

There are constantly problems arising from poor time management. Last week, a welder took too many breaks and did not complete his task. Yesterday, an ironworker did not complete his assignment, because he took an extended lunch.

The term efficiency is basically the ability to maintain quality of a task using a particular ability and the least amount of inputs. Effectiveness is a more straight forward direct response to a given task. Being effective means achieving present goals and measuring up against those goals.

Performing similar tasks with better, faster, or with fewer inputs than rivals is called operational effectiveness. The main idea behind being operational effective is to achieve best practice in every functional area, such as manufacturing, marketing, sales, logistics, and service and so on. Anything that impacts on day-to-day operations of the business that lead to increasing the quality of a product, and/or lowering the cost of production is the case of operational effective company.

Essentially, this is what we are speaking about when we refer to organizational performance and achievement of successful outcomes. (James, 2017)