A company with a high level of efficiency and 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 product that is expensive and nondurable.
D)a high-quality product that customers do not want.
E)a low-quality product that customers do not want.

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 High Level of Efficiency and Effectiveness