Asked by Junior Garza on Sep 26, 2024
Verified
Profitability is the only acceptable criterion of organizational effectiveness.
Profitability
The state of yielding financial gain or profit from business activities.
Organizational Effectiveness
The degree to which an organization achieves its goals and objectives through the efficient use of resources.
- Understand the primary goals of the management process in enhancing the efficiency and effectiveness of an organization.
Verified Answer
CP
Cienna Prybylinski3 days ago
Final Answer :
False
Explanation :
Profitability is one of the criteria of organizational effectiveness, but other factors such as customer satisfaction, employee satisfaction, innovation, and social responsibility are also important measures of organizational effectiveness.
Learning Objectives
- Understand the primary goals of the management process in enhancing the efficiency and effectiveness of an organization.
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