1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
just olya [345]
1 year ago
6

Efficiency is ________, while effectiveness is ________.

Business
1 answer:
AnnyKZ [126]1 year ago
3 0

Efficiency is the ability to produce the result with minimal utilization of resources to get maximum benefits, while effectiveness is the ability to produce a better result.

<h3>What is Efficiency?</h3>

Efficiency is the ability to work with the least usage of resources in the best possible manner, which means with the minimum usage of resources we get maximum benefits.

Thus, efficiency is the ability to produce the intended result in the best possible manner with the least waste of resources, time, and effort, while effectiveness is the ability to produce the best result that delivers more value or achieves a better outcome.

Learn more about Efficiency here:

brainly.com/question/13828557

#SPJ1

You might be interested in
During this stage of résumé review, employers use the résumé to guide interview questions
mr Goodwill [35]

Answer:

<h2>Yes, the resume give HR / Technical person to understand and spot questions from the resume.</h2>

Explanation:

Though the question is little incomplete, I would try to answer assuming about the interview phases especially this resume review.

Resume is the first thing which the interviewer would see before they see you (Eg. Resume from job portal, resume received through friends or other employee referral, resume received through job fairs, etc)

So the interviewer

  • can find whether the information given in the resume is true by spotting questions from that and testing your answer in the personal interview.
  • can also understand how your work and the organization's expectation meet.
  • can choose the best candidate by looking at the resume itself.
8 0
3 years ago
Bob and his sister Betty are co-owners of their late parents' business. Bob actively manages the business; Betty supplies capita
mihalych1998 [28]

Answer: Parasite, predator

Explanation:

Managing businesses isn't an easy task despite it might be going well. On managing business, certain agreement has to be reached such as who finances , manages, and how interests are shared, when all these are well spelled out there would be no room for the other party to feel cheated while the other feels same way too. Betty and her brother feel cheated about each other's input regarding their business because they probably didn't spell out how the business operations would be run, they'll need to sort this out so they don't see each other so again.

6 0
3 years ago
Lauren went to see a therapist, and during their first session they established clear goals coupled with assignments to be done
frozen [14]
Lauren's therapist was using Cognitive Behavioural Therapy [CBT]. CBT refers to a short term, goal oriented psychotherapy treatment that uses practical approach for problem solving. The principal goal for using this technique is to change the behavior or the mentality that is responsible for the patient problem.
7 0
3 years ago
A project requires an initial investment of $10 million today. If the cost of capital exceeds the project IRR, then the project
xz_007 [3.2K]

Answer:

Negative NPV.

Explanation:

present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.

Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.

3 0
3 years ago
In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach
julia-pushkina [17]

Answer:

non-equity alliance.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Mission.

II. Value.

III. Vision.

Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.

A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Kahn Company paid $240,000 to purchase a machine on January 1, Year 1. During Year 3, a technological breakthrough resulted in t
    13·1 answer
  • Which materials recycling would reduce the largest portion of america's trash?
    8·1 answer
  • During a strike by the United Steelworkers of America in 2010, Honeywell claimed that the union left nails in the plant parking
    9·1 answer
  • Gina and Celine want to start a business together in the women's apparel and accessories industry. While Gina thinks that they s
    11·1 answer
  • Sales taxes tend to be __________ because low income individuals tend to spend more of their income.
    9·1 answer
  • Suppose public authorities were contemplating locating a hazardous waste incinerator in a particular community. If the members o
    7·1 answer
  • The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
    11·1 answer
  • Which situation best illustrates the concept of elastic demand for a product?
    15·2 answers
  • The beginning inventory of SoCal Wholesalers was $121,000, and the ending inventory is $116,500. What entries are needed at the
    12·1 answer
  • You work at the headquarters of an enterprise known for unethical practices. the company has many remote sites, but most functio
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!