Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
10th Edition
ISBN: 9780134237473
Author: Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher: PEARSON
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Chapter 1, Problem 3DQ
Summary Introduction

To determine:

What is more important amongst efficiency and effectiveness for an organization.

Introduction:

We know that managers direct other employees to accomplish their goals as it is their responsibility to get things done in an effective and efficient manner. Efficiency can be defined as a ratio of output to input.

Getting maximum output with minimal input is the desire of every manager, while effectiveness is attaining the desired organizational goals, higher effectiveness leads to higher attainment. Both are equally important for an organization in today's environment.

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