Efficiency and effectiveness mean using resources—people, money, raw materials, and the like—wisely and cost effectively.
Answer the following statement(s) true (T) or false (F)
Answer: False
Explanation:
To be efficient means to use resources like people, money, and raw materials wisely and cost effectively. To be effective means to achieve results, to make the right decisions, and to successfully carry them out so they achieve the organization's goals.
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One primary value of the Myers–Briggs type indicator (MBTI) is that it ______.
A. is highly reliable B. is valid for deciding who to hire C. enables people to discuss personality in organizations D. is easy to make value judgments
What actions can transnational teams take to increase the likelihood of being successful?
What will be an ideal response?
To practice in today’s global economy, managers need a framework to understand:
a. Gender preferences b. Legislative and business-related social policies c. Economic theory d. International Bill of Human Rights
In industries where creativity and innovation, along with rapid product development cycles and quick time to market, where necessary, this type of structure became popular:
a. network b. boundaryless and process c. unit d. matrix