Asked by Pham Quang Thang (K14 HCM) on Sep 26, 2024

____ is the relationship between outputs and inputs, whereas ____ is a measure of whether or not organizational objectives are accomplished.

A) Profitability; satisfaction
B) Effectiveness; efficiency
C) Efficiency; effectiveness
D) Implementation; adaptability
E) Adaptability; profitability

Efficiency

The ability to accomplish a task or produce an outcome with minimum waste of time, effort, or resources.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Profitability

A measure of the efficiency and financial success of a business, indicated by the ratio of profits generated to the resources used.

  • Comprehend the difference between efficiency and effectiveness within an organization.