Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. operations management
  3. define concepts of efficiency, effectiveness and p

Define concepts of efficiency, effectiveness and productivity respectively, and explain their interrelationships

70.2K

Verified Solution

Question

Operations Management

Define concepts of efficiency, effectiveness andproductivity respectively, and explain theirinterrelationships

Answer & Explanation Solved by verified expert
4.2 Ratings (728 Votes)
Efficiency Efficiency indicates peak performance that uses minimum inputs to achieve maximum output For example if a manager wants to convey a message to his employees sending them an email collectively is a more efficient method as compared to writing a letter to each one of them To be efficient one must do things the right way by eliminating or minimizing the number of unneeded resources including    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2. The lifetime of light bulb is normally distributed with mean of 1400 hours and standard...

Statistics
Q

Rolle's Theorem Question if f(a)=f(b) then it is constant function, so every point c in the interval...

Advance Math
Q

Q9. A Waste water treatment units is proposed to be designed for the Wilayat of Sur....

Civil Engineering
Q

This is related to Sustainability Management in Supply Chains (1) What do you understand by the term...

General Management
Q

thedvani com YIELD ON GREEN thedva What action is communicated by this traffic sign Vehicles...

Biology
Q

A source of sound gives 5 beats per second when sounded with another source of...

Physics
Q

Les From RAND 512121 D 60349 90587 98976 90709 03255 72195 64581 33869 24012 55275...

Basic Math
Q

Find the Taylor series for f x 8x 1 9x Give the interval of convergence...

Basic Math
Q

The graph of a polynomial function is shown 10 5 The polynomial has 10 F...

Algebra
Q

Click the icon to view the time series data. Develop a two-period...

Accounting
Q

which of the following best describes a sole proprietor ship

Accounting
Q

Davol Corporation is preparing its Manufacturing Overhead Budget for the fourth quarter of the year....

Accounting