A company with a low level of efficiency and high level of effectiveness is most likely to produce:
A) a product that customers want, but that is too expensive for them to buy.
B) a product that customers want at a quality and price they can afford.
C) a low-quality product that customers do not want.
D) a high-quality product that customers do not want.
E) a high-quality product that the company makes a profit on.

Question

Quizplus · Accepted Answer

Efficiency is a measure of how productively resources are used to achieve a goal. Effectiveness is a measure of the appropriateness of the goals that managers have selected for the organization to pursue and the degree to which the organization achieves those goals.

A Company with a Low Level of Efficiency and High