If a manager is able to achieve the target of production of $5000$ units but at a higher cost. Is he efficient or effective?

Open in App

Solution

Efficient utilization of resources refers to getting the things done in the right manner, in minimum time with the minimum cost incurred and with no wastage of resources. Effectiveness refers to achieving target and setting goal in right direction.
Thus, he is effective but not efficient.

Suggest Corrections

Similar questions

Q. Unique enterprises is able to achieve the target production of 5,000 units within the prescribed time; however to achieve this target they hired extra workers on adhoc and spent around is 40,000 extra to pay the adhoc workers so that target production can be achieved on time.
(1) Do you think unique enterprise is effective or efficient?
(2) Was their decision to hire adhoc workers to achieve the target, correct?
(3) Explain the concept of management highlighted above.

The Production Manager of an automobile company asked the foreman to achieve a target production of 200 units per day. But, he did not give him the authority to requisite tools and materials from the store. Can the Production Manager blame the foreman if he is not able to achieve a target? Explain briefly the principle relating to this situation.

Q. The production manager asked the foreman to achieve a target production of 200 units per day, but he doesn’t give him the authority to requisition tools and materials from the stores department. Can the production manager blame the foreman if he is not able to achieve the desired target? Give reasons.

Q. Volvo Ltd's target to produce 10,000 shirts per month at a cost of Rs. 100 per shirt. The Production Manager achieved this target at a cost of Rs. 90 per shirt. Do you think the 'Production Manager' is effective? Give one reason in support of your answer.

A manager enhances the production target from 500 units to 700 units per month but the authority to draw raw material was not given by him. The production manager could not achieve the revised production target. Who is responsible and which principle was violated?

Join BYJU'S Learning Program

If a manager is able to achieve the target of production of 5000 units but at a higher cost. Is he efficient or effective?

Efficient utilization of resources refers to getting the things done in the right manner, in minimum time with the minimum cost incurred and with no wastage of resources. Effectiveness refers to achieving target and setting goal in right direction.Thus, he is effective but not efficient.

If a manager is able to achieve the target of production of $5000$ units but at a higher cost. Is he efficient or effective?

Efficient utilization of resources refers to getting the things done in the right manner, in minimum time with the minimum cost incurred and with no wastage of resources. Effectiveness refers to achieving target and setting goal in right direction.
Thus, he is effective but not efficient.